CapEx News

IOCL’s dedicated jetty at Ennore port to be operational by December

Petroleum Aug 02,2024

Indian Oil Corporation Ltd (IOCL) is set to complete a ₹921 crore exclusive oil jetty at Kamarajar Port, Ennore, by December 2024, boosting the port's capacity by 3 million tonnes annually. The

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Board of Indian Oil Corporation approves construction of greenfield terminal at Bihta, Patna

Petroleum Jul 31,2024

Indian Oil Corporation (IOCL) has received Stage-1 approval to construct a greenfield terminal at Bihta, Patna, Bihar, on the Barauni-Kanpur and Patna-Motihari-Baitalpur pipelines. Approved on July 30

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Technip Energies secures contract from IOCL

Petroleum Jun 25,2024

Technip Energies N.V. has secured a significant contract from Indian Oil Corporation Limited for the Paradip petrochemical complex in India. Valued between 50 million Euros to 250 million Euros, the c

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IOCL's arm to build one GW RE capacity, invest Rs 5,215 crore

Power Generation May 02,2024

Indian Oil Corporation (IOCL) intends to invest Rs 5,215 crore in developing one gigawatt (GW) of renewable energy capacity, encompassing standalone ground-mounted solar projects, onshore wind project

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IOCL issues tender for 10 KTPA green hydrogen plant

Petroleum Apr 09,2024

Indian Oil Corporation Limited seeks proposals for a 10 KTPA green hydrogen unit at its Panipat refinery complex under a BOO model. Bidders must deposit Rs 54.9 million and demonstrate experience in h

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IOCL, Panasonic to form joint venture to make lithium-ion cells

Petroleum Apr 01,2024

Indian Oil Corporation Ltd (IOCL) and Panasonic Energy plan to form a joint venture for manufacturing cylindrical lithium-ion cells in India. They've signed a binding term sheet after a heads of

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Indian Oil cancels tenders for 10 KTA-green hydrogen unit

Power Generation Feb 28,2024

Indian Oil Corporation cancelled its tender for a green hydrogen plant in Haryana's Panipat Refinery due to lack of response and alleged bias favoring a joint venture involving IOCL. The Independ

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MoUs worth Rs 10,304.91 crore signed for food processing in Bihar

Food Processing Dec 15,2023

The Bihar government signed MoUs with 38 companies, securing investments totaling Rs 26,429 crore in sectors like textile, leather, food processing, and general manufacturing. Notable commitments incl

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