CapEx News

Trial run of Indian Oil's lube plant at Manali begins

Petroleum Jan 17,2025

Indian Oil Corporation has begun the trial run of its Rs 1,400-crore integrated lube complex at Manali, Chennai. Once fully operational, it will be the second largest global lube plant with a 672,00

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CPCL plans desalination plant for its refinery project in Tamil Nadu

Environment Oct 16,2024

Chennai Petroleum Corporation (CPCL) plans to build a 60 MLD desalination plant to support its nine-MTPA refinery project in Nagapattinam, Tamil Nadu, in collaboration with Indian Oil Corporation. CPC

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Chennai refinery expansion cost goes up over Rs 3,600 crore, says IOC

Petroleum Mar 29,2024

Indian Oil Corporation (IOC) plans to increase its stake in the joint venture constructing a 9 million tonnes refinery in Chennai to 75% due to a project cost escalation of over 12%. Originally, IOC a

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CPCL seeks to emerge as a hydrogen production hub, partners with IIT-Madras

Power Generation Jan 25,2024

Chennai Petroleum Corporation (CPCL) aims to become a hydrogen production hub, supplying green hydrogen for various applications, including petrochemicals. The company plans to join the Hydrogen Valle

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