CapEx News

IOC raises Panipat refinery expansion cost by 10 per cent

Petroleum Dec 04,2023

Indian Oil Corporation (IOC) revises Panipat refinery expansion cost to Rs 36,225 crore, a 10% increase, and delays completion to December 2025. The 15 million tonnes per year refinery, 100 km north o

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Tripura’s greenfield depot by IOCL to be completed by 2025

Petroleum Dec 01,2023

Tripura Food, Civil Supplies, and Consumer Affairs Minister, Sushanta Chowdhury, announced that the Indian Oil Corporation Limited (IOCL) aims to complete the construction of a greenfield depot with a

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Indian Oil to increase Ennore LNG terminal capacity

Petroleum Nov 27,2023

The Executive Director of Indian Oil Corp's gas division, Sandeep Jain, announced that the company plans to quadruple the capacity of its LNG import terminal at Ennore in southern India to 10 mil

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Kamarajar Port inks MoUs valued at Rs 1,920 crore

Petroleum Oct 20,2023

Kamarajar Port Ltd inked 24 MoUs during the 3rd Global Maritime India Summit 2023 in Mumbai. The event facilitated partnerships with various entities, including Indian Oil Corporation Ltd, Ennore Tank

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Kamarajar port inks MoUs worth Rs 1,800 crore

Automotive Industries Oct 17,2023

During the Global Maritime India Summit 2023, Kamarajar Port Ltd signed 24 MoUs with partners for projects worth approximately Rs. 1,800 crore. Notable partners include Indian Oil Corporation Ltd., En

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World's biggest oil refinery coming up in India

Automotive Industries Sep 16,2023

The world's largest oil refinery project in Maharashtra, India, faces political challenges, but recent developments signal hope. Prime Minister Narendra Modi and Saudi Crown Prince Mohammed Bin S

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IndianOil eyes on being 360-degree energy company

Petroleum Aug 28,2023

Indian Oil Corporation plans a Rs 4+ lakh crore investment this decade for energy transition, refining, and petrochemical expansion, aiming to be a comprehensive "360-degree energy company." Over Rs 2

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Thyssenkrupp Industrial Solutions India secures EPC contract from IOCL

Petroleum Jul 13,2023

Thyssenkrupp Industrial Solutions India Private Ltd. (tkIS India) has been awarded an EPC contract worth over USD 100 million by Indian Oil Corporation Limited (IOCL) for the construction of a 60 KTPA

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