Haryana govt approves 349 acres for IOCL Panipat Refinery Expansion

21 Aug 2023 CW Team

The Haryana government has granted its approval for the acquisition of 349 acres of land from three neighboring villages—Asan Kalan, Khandra, and Bal Jattan—to facilitate the expansion of the Panipat Refinery owned by the Indian Oil Corporation (IOCL). This decision was reached during a meeting led by Chief Minister Manohar Lal Khattar, as stated by an official press release.

The official statement outlined that the land distribution would involve the acquisition of 140 acres from Asan Kalan village, 57 acres from Khandra village, and 152 acres from Bal Jattan village. Apart from the land cost, the refinery has also committed to providing Rs 10 lakh per acre specifically for developmental projects within these villages.

Indian Oil Corporation, a government-run entity, has established its Panipat Refinery and Petrochemical Complex on an expansive area of over 4,200 acres in Panipat.

IOCL had previously approached the Haryana government with a request for approximately 600 acres of land to facilitate the expansion of their refinery. Subsequently, the government has made 349 acres of land available for this purpose. Noteworthy attendees of the meeting included Additional Chief Secretary of the Development and Panchayat Department, Anil Malik, Chief Minister's Principal Secretary V Umashankar, Director General of the Development and Panchayat Department D K Behera, Panipat's Deputy Commissioner Virender Dahiya, IOCL representatives, and the village Sarpanches of Asan Kalan, Khandra, and Bal Jattan.

Infrastructure Urban

04 May 2026

Jyoti Structures FY26 profit rises 56.5%

Jyoti Structures (JSL) recently reported strong financial results for the quarter and year ended 31 March 2026, driven by disciplined execution, cost management and steady progress across its order book.For Q4 FY2025-26, total income rose 44.2 per cent to Rs 2.41 billion from Rs 1.67 billion in Q4 FY2024-25. EBITDA increased 58.6 per cent to Rs 237 million, while EBITDA margin improved by 89 basis points to 9.84 per cent. Profit before tax grew 53.3 per cent to Rs 188.5 million, and net profit rose 51.9 per cent to Rs 181.4 million.For FY2025-26, total income grew 53.1 per cent to Rs 7.72 bill..

Cat BEPU to Power Doppstadt Separator at IFAT 2026

Caterpillar’s Cat Battery Electric Power Unit (BEPU) has been selected by Doppstadt to power its SWS 6 Spiral Shaft Separator, which will be showcased for the first time at IFAT 2026 in Munich, Germany, from 4–7 May.The compact plug-and-play BEPU is designed to replace a diesel engine within the same space, using the same mounting locations and relative machine position. It integrates the battery, motor, inverter, onboard charging, cooling and controls, enabling OEMs to electrify existing chassis platforms without extensive redesign.Caterpillar and Cat dealer Zeppelin Power Systems have be..

VECV sales rise 6.9% in April 2026

VE Commercial Vehicles, a joint venture between Volvo Group and Eicher Motors, recorded sales of 7,318 units in April 2026, compared to 6,846 units in April 2025, registering 6.9 per cent growth. The total included 7,159 units under the Eicher brand and 159 units under the Volvo brand.Eicher branded trucks and buses reported sales of 7,159 units during the month, up 6.6 per cent from 6,717 units in April 2025. In the domestic commercial vehicle market, Eicher sales rose 8.6 per cent to 6,797 units from 6,257 units a year earlier.Exports declined 21.3 per cent, with VECV recording 362 units in ..