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Indian Oil plans Rs 5302-cr projects to augment pipeline network

Industry Petroleum & Natural Gas

Indian Oil Corporation Ltd (IOC) is planning three pipeline projects for LPG and refinery products across India. The company will invest Rs. 2789 cr for Paradip-Hyderabad product pipeline, Rs, 1823 cr for augmenting Paradip-Haldia-Durgapur LPG pipeline. Both the projects are planned to be completed in 36 months. Further, the company will invest Rs. 690 cr for LPG import facility at Paradip.

Extracted from BS, Feb 02,’15

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