CapEx News

Megha Engineering wins contract for India's first private strategic petroleum reserve

Infrastructure Sep 16,2025

Megha Engineering & Infrastructures Ltd (MEIL) has won a ₹5,700 crore contract to build and operate India’s first private-sector Strategic Petroleum Reserve at Padur, Karnataka. Managed by ISPRL,

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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

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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

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