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IOC raises Panipat refinery expansion cost by 10 pc, pushes completion deadline by a year

IOC raises Panipat refinery expansion cost by 10 pc, pushes completion deadline by a year
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IOC raises Panipat refinery expansion cost by 10%, pushes deadline by a year

IOC raises Panipat refinery expansion cost by 10%, pushes deadline by a year
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Panipat refinery expansion cost: IOC raises Panipat refinery expansion cost by 10%, pushes completion deadline by a year

Indian Oil Corporation (IOC) has revised the cost of expanding its Panipat refinery in Haryana by 10% to Rs 36,225 crore and pushed back the completion deadline by over a year to December 2025. The refinery will expand its capacity to turn crude oil into value-added fuels, including petrol, diesel, and ATF. IOC is also setting up a polypropylene unit and a catalytic dewaxing unit.

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IOC raises Panipat refinery expansion cost by 10 per cent, pushes completion deadline by a year

IOC raises Panipat refinery expansion cost by 10 per cent, pushes completion deadline by a year
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IOC raises Panipat refinery expansion cost by 10%, pushes completion deadline by a year

IOC is expanding its 15 million tonnes a year refinery, about 100-km north of New Delhi, to 25 million tonnes.

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