Indian Oil to build new oil terminal in Chennai

26 Nov 2020 Editorial Team

Indian Oil Corporation (IOC) is planning to build a new oil terminal in Vallur, north of Chennai in Tamil Nadu, along with a captive jetty based near Kamarajar (Ennore) port. The aim is primarily to handle its petroleum products.

The petroleum terminal will be spread over an area of nearly 100 acre to supply petrol, kerosene, diesel and aviation fuel by road to Chennai as well as adjoining districts. It will be done through a pipeline to Trichy, Madurai, Salem, and Asanur (Villupuram).

The terminal will have a storage capacity of approximately 200,000 kilolitre and would receive products from CPCL Refinery as well as the petroleum jetty at Kamarajar port. It would have a facility to fill trucks in 24 days at a time.

The terminal, to be built with an estimated cost of Rs 900 crore, will have operational flexibility to receive petroleum products through tanker ships from Chennai port as part of its contingency. Additionally, the terminal would also supply Chittoor and Bengaluru. The terminal would reportedly help in moving surplus refinery production to Kamarajar Port as it is located between the port and the refinery.

The need for the project arose as it was challenging to operate and move products from two terminals that are Korukkupet and Tondiarpet terminals between Chennai port and CPCL refinery in Manali, north of Chennai.

The new facility is slated to enhance operational flexibility and is expected to be completed by 2023.

Building Material

11 Dec 2025

Suraj Estate Wins Euromoney Award for India’s Best Residential Developer

"Suraj Estate Developers Limited has received the Euromoney Real Estate Award 2025 for ‘India’s Best Residential Developer’, positioning the company among globally benchmarked leaders in the sector. The recognition reflects its four-decade legacy in delivering high-quality residential and redevelopment-led projects across South Central Mumbai. The Euromoney Real Estate Awards, presented by the London-based Euromoney magazine, are widely regarded as one of the most credible global assessments of performance in real estate, banking and finance. Winners are selected through surveys of inte..

Lloyds Metals, Tata Steel Sign MoU to Explore Strategic Collaboration

"Lloyds Metals and Energy Limited has signed a non-binding Memorandum of Understanding with Tata Steel Limited to evaluate potential areas of strategic cooperation across mining, logistics, pelletisation and steelmaking. The MoU was signed by B Prabhakaran, Managing Director of Lloyds Metals, and Mr T V Narendran, CEO and Managing Director of Tata Steel. The partnership framework aims to leverage the natural operational synergies between both companies and assess opportunities in greenfield steel projects, iron ore mining, slurry pipeline infrastructure, pellet manufacturing in iron ore–ric..

IndiaAI, Gujarat Govt Host Regional Conclave Ahead of 2026 AI Summit

The IndiaAI Mission under the Ministry of Electronics and Information Technology, along with the Government of Gujarat and IIT Gandhinagar, convened a Regional Pre-Summit Event at Mahatma Mandir, Gandhinagar. The initiative is part of the build-up to the India–AI Impact Summit 2026, scheduled for 15–20 February 2026 at Bharat Mandapam, New Delhi. The conclave brought together senior policymakers, technology leaders, researchers and industry practitioners to examine how AI can accelerate economic, digital and social transformation across sectors. The programme focused on the overarching th..