Indian Oil Corporation to invest Rs.1.75 lakh crore
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OIL & GAS

Indian Oil Corporation to invest Rs.1.75 lakh crore

01 Oct 2015 1 Min Read Editorial Team
Indian Oil Corporation will invest Rs 175,000 crore over the next seven years to scale up its output to around 100 mn tonne from 65 mn tonne at present. The company also plans to build a refinery on the western coast of India and acquire assets abroad. The Rs 175,000 crore capex will be spent on refineries, building pipelines, marketing exploration and production, petrochemical projects and gas.
CONTACT: Indian Oil Corporation.
Tel: 022-2644 7327.

Indian Oil Corporation will invest Rs 175,000 crore over the next seven years to scale up its output to around 100 mn tonne from 65 mn tonne at present. The company also plans to build a refinery on the western coast of India and acquire assets abroad. The Rs 175,000 crore capex will be spent on refineries, building pipelines, marketing exploration and production, petrochemical projects and gas. CONTACT: Indian Oil Corporation. Tel: 022-2644 7327.

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