Page 4 - Iocl

IOCL gets nod to expand Paradip-Haldia-Durgapur LPG pipeline in Odisha

IOC's 15-mtpa crude oil refinery in Paradip is spread over 3,345 acres, with an estimated cost of Rs 345.55 billion

IOCL to invest Rs 36.63 billion to lay pipelines in eastern sector

The pipeline will ensure uninterrupted supply of the petroleum products for catering the growing demand in the states of Odisha, Andhra Pradesh and Telangana

Land allotment delay by govt puts IOCL's Paradip petrochem unit in a fix

Indian Oil Corporation Ltd (IOCL) is upset with the Odisha government for delay in allotment of land contiguous to its 15 million tonnes per annum (mtpa) crude oil refinery at Paradip. The oil marketing company, in February 2017, had asked for an additional 2290 acres of land to commission different units of its petrochemical complex where fresh investments could cross Rs 50,000 crore.But close to a year of its online application, land is yet to be alloted to IOCL. The company's chairman Sanjiv Singh has urged the state government to allot land on priority."Plans are afoot to implement a world scale PC-PTA plant at Paradip. Setting up a Pet Coke gasification project is also being conceptualized. These new projects would involve large investments and help plastic as well as textile industries grow in the region. However, these plans of IOCL require additional land as the existing land in the refinery has already been committed to projects under execution", said a letter by IOCL ...

We survived price drop to $37 a bbl without govt help: IOC chairman

Retail is our bread and butter, says IOC Chairman Sanjiv Singh

IOC eyes Tata's Gopalpur industrial park for common user facility

>Oil marketing company Indian Oil Corporation Ltd (IOCL) has identified Gopalpur Industrial Park of Tata Steel as a possible site for setting up a common user facility in Berhampur. Tata Steel is the anchor tenant for the park where it has invested Rs 542 crore on a ferro chrome project with an annual capacity of 55,000 tonnes per annum "We have sought land from the state government for setting up a common user facility in Berhampur. The government has requested us to take land at the Goplapur industrial park of Tata Steel for which we have done a feasibility study. But, no decision has been taken yet as more sites are also being explored", said an IOCL official.IOCL requires about 100 acres of land for the common user facility proposed for supply of kerosene, diesel and petrol. The capacity is envisaged at 77,000 kilo litres and will see an investment of Rs 350 crore.The facility is planned keeping in mind IOCL's underground cross country pipeline of 1150 km length from its ...

IOCL to complete Paradip-Durgapur LPG pipeline by Mar 2018

Oil marketing major Indian Oil Corporation ltd (IOCL) is set to complete its proposed Paradip-Durgapur LPG pipeline by March 2018."The Paradip- Balasore section of the project will be commissioned by September this year. It will be the first such pipeline that will transport LPG in the state from the Paradip refinery", said P C Choubey , executive director, pipelines division, IOCL. The cost of the Paradip to Balasore section of the project is pegged at Rs 200 crore.The project with capacity of 0.5 million tonnes per annum (mtpa) envisages laying a pipeline for transportation of LPG from Paradip and Haldia to the LPG bottling plants at Balasore, Budge Budge, Kalyani and Durgapur. Total length of the pipeline is estimated to be about 700 km and entails a cost of Rs 913 crore.Earlier, the LPG delivery at Balasore was done through bullets.Similarly, IOCL aims to complete its Rs 2321-crore Paradip Hyderabad pipeline project in the next 36 months. For this pipeline, the company has ...

IOC, LanzaTech ink Rs 350-cr pact to build first off gas-to-bioethanol unit

Technology to be integrated into existing infrastructure of IOC's Panipat plant in Haryana

Govt to hire 5 banks for up to Rs 6,400 crore IOC share sale

Govt owns 58.3% of Indian Oil Corp

Political tussle hots up over withdrawal of tax sops to IOCL refinery

Patnaik should not harm the state's interest by withdrawing tax sops to the IOCL refinery: Pradhan

VAT sops to IOCL Paradip refinery hits Odisha revenue growth

The commercial tax collection up to August 2016 stood at Rs 5530.95 crore representing a growth rate of 4.02%

Panel defers green nod to IOCL's Rs 593-cr Panipat Styrene project

IOCL has proposed setting up of Styrene and Ethylene recovery units at the existing Panipat Naphtha Cracker Complex

Indian Oil to reach 10-MT refining capacity this fiscal

State-run oil refiner has invested Rs 35,000 cr on Paradeep refinery

Odisha asks Indian Oil to release equity contribution to plastic park

The Odisha government wants the project cost, excluding the grants from the central government, to be shared equally between Idco and IOCL