IndianOil approves investment for capacity expansion of Digboi Refinery
Petrochemical

IndianOil approves investment for capacity expansion of Digboi Refinery

Accorded investment approval for capacity expansion of Digboi Refinery from 0.65 MMTPA to 1 MMTPA at an estimated cost of Rs.740.20 crore.

  • By ICN Bureau | June 30, 2022

Indian Oil Corporation Ltd approves investment for capacity expansion of Digboi Refinery from 0.65 MMTPA to 1 MMTPA

The Board of Indian Oil Corporation Ltd (IndianOil) at its meeting held on 28th June 2022 has accorded investment approval for capacity expansion of Digboi Refinery in Assam from 0.65 MMTPA to 1 MMTPA alongwith associated facilities at an estimated cost of Rs.740.20 crore.

The project is expected to be commissioned by October 2025. The capacity expansion would improve the profitability of the Digboi Refinery.

Register Now to Attend NextGen Chemicals & Petrochemicals Summit 2024, 11-12 July 2024, Mumbai

Other Related stories

Startups

Chemical

Energy

Digitization