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IOC issues contract to Black & Veatch consortium worth Rs 1600 crore

Company Indian Oil Corporation Limited
Location Chennai
Source BS, July 09,’15

Indian Oil Corporation Limited (IOC) has issued an EPC contract to Black & Veatch and consortium KSS Petron Pvt Ltd for a new liquefied natural gas (LNG) terminal at Ennore, near Chennai. The plant is scheduled to be completed by 2018. Approximate value of the contract is around Rs 1500-1600 crore.


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