Indian Oil to raise refining capacity to 81 mn tons by 2012
at Friday, September 3, 2010
Indian Oil Corporation plans to increase refining capacity by 2012
IOC intends to upgrade its refining capacity to 81 mn tons by 2012. It will expand its Haldia refinery (Bengal) to 7.5 mn tons and the Panipat refinery (Haryana) to 15 mn tons this year, placing the company's total refining capacity at 54.2 mn tons per annum. The planned expansion to 81 mn tons will take place with the commissioning of 15 mn ton Paradip refinery in Orissa.