Thursday, September 24, 2009

IOC ups capex on increased project cost of Paradip refinery, Panipat naphtha cracker, Koyali refinery

Indian Oil Corporation (IOC) has up-revised its capital expenditure by 22% to Rs 53,000 crore for the Eleventh Plan Period (2007-12). Of this, the company will invest Rs 37,220 crore in its refining aand marketing segment, Rs 14,000 crore in petrochemicals and Rs 1,775 crore in exploration and production.

For more details on IOC ups capex on increased project cost of Paradip refinery, Panipat naphtha cracker, Koyali refinery click here

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