CapEx News

CPCL seeks govt approval for Cauvery basin refinery project in Tamil Nadu

Petroleum Jun 05,2025

Chennai Petroleum Corporation (CPCL) is developing a ₹36,400 crore Cauvery Basin Refinery Project in Nagapattinam, Tamil Nadu. The nine MTPA facility replaces the old 0.5 MTPA unit shut in 2019. Lan

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Indian Oil finalises India's largest green hydrogen project at Panipat

Petroleum Jun 03,2025

Indian Oil Corporation (IOC) will establish a 10,000 TPA green hydrogen unit at its Panipat refinery, marking India’s largest green hydrogen project. Set for commissioning by December 2027, it will

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L&T Green secures IOCL’s 10 KTPA green hydrogen project in Haryana

Power Generation May 16,2025

L&T Energy GreenTech Ltd won IOCL’s tender to build a 10 KTPA green hydrogen plant at the Panipat refinery in Haryana on a build-own-operate basis, priced at ₹397/kg. The project, to be completed

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Indian Oil receives Board's approval for revised project cost of Barauni Refinery in Bihar

Petroleum May 02,2025

Indian Oil Corporation (IOCL) has received board approval to expand its Barauni Refinery in Bihar with a revised budget of Rs. 16,724 crore, up from Rs. 13,779 crore. The expansion will increase crude

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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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VA Tech Wabag secures Rs 340 crore water treatment order from GAIL

Environment Mar 17,2025

Chennai-based VA Tech Wabag has secured an order worth Rs 340 crore from GAIL (India). The contract involves designing, building, and operating (DBO) water treatment and effluent recycling plants.

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Engineers India secures order worth Rs 106 crore from Indian Oil Corporation

Petroleum Feb 12,2025

Engineers India has secured a Rs 106.5 crore contract from Indian Oil Corporation for project management consultancy services. The contract involves phase-I MPMC services for the Paradip Petrochemical

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