CapEx News

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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Petronet draws Rs 40,000 crore investment plan to treble profit by 2028

Petroleum Feb 12,2024

Petronet LNG Ltd plans to invest Rs 40,000 crore in expanding LNG import capacity and venturing into petrochemicals to triple net profit by 2028. Initiatives include a propane dehydrogenation plant an

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Petronet LNG inks binding transaction documents with Gopalpur Ports

Infrastructure Dec 28,2023

Petronet LNG Ltd has finalized key agreements with Gopalpur Ports Limited to establish a Floating Storage Regasification Unit (FSRU) based LNG terminal with an initial capacity of around 4 MMTPA (Phas

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Petronet LNG board approves setting up of petrochemical plant in Dahej

Chemicals Oct 31,2023

The Petronet LNG board has given approval for a petrochemical plant in Dahej, Gujarat, at an estimated cost of Rs 20,685 crore. The project, expected to be completed within four years, has received ne

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Odisha government approves ninenew projects worth Rs 873.57 crore

Petroleum Aug 22,2023

The Odisha government has greenlit nine new industrial projects worth Rs. 873.57 crore. These projects, spread across various districts, are anticipated to generate over 2,500 jobs and boost the state

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