CapEx News

Indian Oil finalises India's largest green hydrogen project at Panipat

Petroleum Jun 03,2025

Indian Oil Corporation (IOC) will establish a 10,000 TPA green hydrogen unit at its Panipat refinery, marking India’s largest green hydrogen project. Set for commissioning by December 2027, it will

Read More

L&T Green secures IOCL’s 10 KTPA green hydrogen project in Haryana

Power Generation May 16,2025

L&T Energy GreenTech Ltd won IOCL’s tender to build a 10 KTPA green hydrogen plant at the Panipat refinery in Haryana on a build-own-operate basis, priced at ₹397/kg. The project, to be completed

Read More

Indian Oil receives Board's approval for revised project cost of Barauni Refinery in Bihar

Petroleum May 02,2025

Indian Oil Corporation (IOCL) has received board approval to expand its Barauni Refinery in Bihar with a revised budget of Rs. 16,724 crore, up from Rs. 13,779 crore. The expansion will increase crude

Read More

Odisha CM secures Rs 1 lakh crore investments in New Delhi

Petroleum Apr 10,2025

The Odisha government signed 13 MoUs worth Rs 98,880 crore during a two-day investors' meet, promising to create over 67,000 jobs. The agreements include projects with Indian Oil Corporation (Rs

Read More

IOC inks MoU with Odisha for Rs 61,077 crore Paradip Petrochemical Project

Petroleum Apr 09,2025

Indian Oil Corporation (IOC) will invest Rs 61,077 crore to establish a mega petrochemical complex in Paradip, Odisha, to meet rising demand for petrochemicals. The project, including a naphtha cracke

Read More

VA Tech Wabag secures Rs 340 crore water treatment order from GAIL

Environment Mar 17,2025

Chennai-based VA Tech Wabag has secured an order worth Rs 340 crore from GAIL (India). The contract involves designing, building, and operating (DBO) water treatment and effluent recycling plants.

Read More

Engineers India secures order worth Rs 106 crore from Indian Oil Corporation

Petroleum Feb 12,2025

Engineers India has secured a Rs 106.5 crore contract from Indian Oil Corporation for project management consultancy services. The contract involves phase-I MPMC services for the Paradip Petrochemical

Read More

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

Read More