CapEx News

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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Trial run of Indian Oil's lube plant at Manali begins

Petroleum Jan 17,2025

Indian Oil Corporation has begun the trial run of its Rs 1,400-crore integrated lube complex at Manali, Chennai. Once fully operational, it will be the second largest global lube plant with a 672,00

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Nayara Energy pours $8 billion into Gujarat’s ethane cracker plant

Petroleum Jan 13,2025

Nayara Energy, supported by Rosneft, will invest Rs 68,000 crore to build a 1.5 MTPA ethane cracker at its 20 MTPA refinery in Vadinar, Gujarat. This marks a significant foreign investment in India’

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IOCL to set up naphtha cracker unit in Paradip

Petroleum Dec 31,2024

Indian Oil Corporation (IOCL) plans to set up a Rs 61,000 crore naphtha cracker project at Paradip, Odisha, with an MoU expected in January. This project is part of a larger Rs 1 lakh crore investment

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IOCL issues tender for mainline laying, HDDs for LPG pipeline in Tamil Nadu

Petroleum Dec 30,2024

Indian Oil Corporation (IOCL) has issued a tender for laying a 252 km LPG pipeline from BPCL Palakkad, Kerala to IOCL Salem, Tamil Nadu, valued at Rs 106.46 crore. The project includes mainline laying

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IOCL to invest over Rs 21,000 crore to expand Bihar refinery

Petroleum Dec 20,2024

Indian Oil Corporation (IOCL) will invest over ₹21,000 crore in Bihar, including ₹16,000 crore to upgrade the Barauni refinery from 6 to 9 MTPA and build a polypropylene plant by 2025. Additionall

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Andhra Pradesh capital Amaravati to have piped gas supply

Petroleum Dec 18,2024

Indian Oil Corporation officials proposed making Amaravati the first fully piped capital city in India. A team from the Petroleum and Natural Gas Regulatory Board (PNGRB) met with the state government

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