IndianOil plans 15-mn tonne refinery in Guj
28 Nov 2012 5:55 AM IST
Indian Oil Corp, the nation's largest oil firm on Tuesday said it is planning to build a new 15 million tonne refinery in Gujarat as part of its plans to almost double its refining capacity. IOC, at present, has seven refineries with a cumulative capacity of 54.2 million tonnes per annum capacity.'We have a plan to raise this capacity to 100 million tonnes by 2021-22,' IOC Director (Refineries) R K Ghosh said here.
The company, which already has a 13.7 million tonnes refinery at Koyali in Gujarat, is planning another 15 million tonnes unit in the state due to easy availability of land.'We have commissioned Engineers India Ltd to do a configuration and location study,' he said adding the study is likely to come-in by year-end after which the company will commission a detailed feasibility report (DFR). The refinery on the west coast is to come up by the 13th Five Year Plan.
The company, which already has a 13.7 million tonnes refinery at Koyali in Gujarat, is planning another 15 million tonnes unit in the state due to easy availability of land.'We have commissioned Engineers India Ltd to do a configuration and location study,' he said adding the study is likely to come-in by year-end after which the company will commission a detailed feasibility report (DFR). The refinery on the west coast is to come up by the 13th Five Year Plan.
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