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Indian Oil Plans Mega Refinery at Nagapattinam

Business Standard, March 3, 2017

India's state-run oil giant, Indian Oil Corporation (IOC), is reportedly planning to conduct a major expansion project at its Nagapattinam Refinery, eventually taking its capacity from 1-mt to 15-mt. “We are planning to expand the 1-mt plant to 9 mt during the first phase, and will later expand it to a 15-mt mega refinery,” said an official source close to the development.  Currently, Nagapattinam's 1-mt plant is operated by (CPCL), an IOC subsidiary. 

 

Click here to read the full article from Business Standard.


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