Final decision by IOC on West coast refinery by 2018 end

Indian Oil Corp (IOC) Chairman B Ashok has said the company may take final investment decision on west coast refinery by end-2018.

Speaking to reporters on the sidelines of the Asian Oil and Gas conference, he said IOC and its partners are expected to make a final investment decision on the project in end-2018 to early 2019, after which the project will take five years to be completed.

Indian Oil Corp (IOC) has held preliminary discussions with Saudi Aramco on downstream investments in India including the mega refinery-petrochemical project in the country’s west coast, he said.

Image credit:img.etimg.com

Research Desk

Next Post

Hyderabad-based NCC wins 1st contract for Pune Metro Project

Wed May 10 , 2017
NCC, a Hyderabad-based infrastructure construction company, has acquired the first construction contract for the Pune Metro Rail project. Maharashtra Metro Rail Corp (Maha Metro) MD Brijesh Dixit said NCC offered a very competitive rate and it was in line with the what was quoted for the Nagpur Metro. He further […]
Hyderabad-based NCC wins 1st contract for Pune Metro Project

Categories

Blog Stats