IOC gets environmental nod to revamp Bongaigaon refinery at Rs 4,185 crore

Indian Oil Corp (IOC) has been accorded green nod by the government for upgradation of its Bongaigaon refinery for production of BS-VI grade fuels in Assam at a cost of Rs 4,185 crore.

“The environment ministry after taking into account the recommendations of its expert appraisal committee has granted the environment clearance (EC) to IOC for revamp of Bongaigaon refinery,” a senior government official was quoted as saying by PTI.

The company wants to upgrade its Bongaigaon Refinery (BGR) as the government aims to implement BS-VI fuel in the entire country from April 2020 to curb pollution. Oil firms will have to be prepared to retail BS VI-compliant fuel by then, the report said.

Image Credit : images.financialexpress.com

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