CapEx News

Indian Oil Corporation considering possibilities to establish green hydrogen units in TN, Kerala

Power Generation Jul 10,2023

Indian Oil Corporation is considering establishing green hydrogen generation units in Tamil Nadu and Kerala. The company has discussed this with the government of Tamil Nadu and is in talks with state

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Indian Oil to team up with Sun Mobility for battery swapping business

Manufacturing Jul 10,2023

The formation of a joint venture company in the battery swapping industry has been approved by the board of directors of Indian Oil Corporation Limited. The joint venture will be a 50:50 collaboration

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Indian Oil & Praj to collaborate for building Biofuels production capacities in India

Petroleum Jul 10,2023

Indian Oil Corporation Limited (Indian Oil) and Praj Industries Limited (Praj) have signed a term sheet to enhance India's biofuel production capacity. The agreement covers various biofuels such

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Tamil Nadu to get Rs 54,000 crore project including a refinery

Petroleum Jul 07,2023

Indian Oil Corporation Limited (IOCL), Chennai, will invest Rs 54,000 crore in various projects in Tamil Nadu, including a 9 MMTPA grass-root refinery in Nagapattinam. The refinery will produce polypr

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JV signed to advance biofuels production capacity in India

Petroleum Jul 07,2023

Indian Oil Corporation Limited (IOCL) and Praj Industries Limited (Praj) have signed a term sheet to enhance India's biofuel production capacity. The memorandum of understanding (MoU) includes va

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3600-metre pipeline installed across Subansiri River in Assam: Details inside

Petroleum Jun 28,2023

Ace Energy Infrastructure has constructed a 3600-meter pipeline with a 24-inch diameter across the Subansiri River in Assam. The project, undertaken by Indradhanush Gas Grid Ltd., aimed to extend the

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