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REFINERY AND PETROCHEMICALS ODISHA
IOC to invest Rs 61,077 crore in petrochemical complex at ParadipThis is a part of its transition plan including boosting petrochemical intensity to help protect against volatility. Petrochemical intensit...
IOC to invest Rs 17,825 crore in Gujarat refinery expansion, petrochemical projectThe project envisages raising the capacity of the Vadodara refinery in Gujarat from 13.7 million tonnes per annum to 18 million tonnes and ...
Haldia Petrochemicals to invest Rs 28,700 crore in Odisha refineryThe government, however, will not take any equity in the project.
IOC to invest Rs 1.75 lakh crore for expansion: Chairman Sanjiv SinghIt plans to raise capacity to turn crude oil into fuels like petrol and diesel to 150 million tonnes per annum by 2030 from the current 80....
Taiwanese company CPC Corp proposes $6.6 billion investment in IndiaA Taiwanese delegation today discussed investment in the petrochemical cracker and downstream units.
India needs 600 MMT refinery capacity by 2040: Dharmendra PradhanDharmendra Pradhan was addressing the 22nd edition of Refining and Petrochemicals Technology Meet (RPTM) here on Saturday.
Over 30,000 crore lined up for petrochemical MSMEs in east India: Dharmendra PradhanThe petrochemical sector has the potential to generate 22 lakh jobs across the country, the minister told reporters after inaugurating the ...
IOC pays Rs 2,935 crore to Odisha government to resolve tax issueLast month, the state government agreed to give Rs 700 crore per annum of interest-free loan for 15 years to IOC.
Saudi Aramco seeks exclusive talks over India oil refinery stake: Dharmendra PradhanSaudi Aramco had previously been interested in new greenfield refineries set up in India but none of the interests materialised in investme...
Withdrawal of tax sops to IOC to hit sentiment: CII's ForbesThe Odisha government's decision to take back tax concessions to IOC's Rs 34,555-crore Paradip refinery will impact investor sentiment adve...
IOC may take Odisha govt to court on Paradip refinery tax sopsThe withdrawal of VAT exemption will cost Rs 2,000 cr to IOC this year and will progressively increase every year as more petrol and diesel...
Odisha government withdraws tax sops to IOC's Rs 34,555-crore Paradip refineryThe withdrawal will cost Rs 2,000 crore to IOC this year and will progressively increase every year as more petrol, diesel and petrochemica...
IOC threatens relook at Rs 52K cr Odisha investmentThe project is caught in a political cross-fire as Oil Minister Dharmendra Pradhan, who hails from the Odisha, and the state government are...
Indian Oil Corp's Paradip refinery faces withdrawal of fiscal sopsSources said the state government had in February 2004 signed an agreement with IOC to give fiscal incentives for setting up a 9 million to...
HPCL, GAIL likely to take equal stake in JV to build Rs 30,000 crore petrochemicals complex in Andhra PradeshHindustan Petroleum Corporation and GAIL are likely to take an equal stake in a joint venture that will build a petrochemicals complex in A...
Government mulling setting up new petrochemical complexes: Fertiliser Minister Ananth KumarGovernment is looking into possibilities of setting up new petrochemical complexes near the 16 petroleum refineries in the country, Kumar s...
Government framing policy to set up 12 petrochemical complexesAt present, there are four petrochemical complexes in the country. They are in Gujarat, Andhra Pradesh, Odisha and Tamil Nadu.
Rs 1 lakh crore to be invested in hydrocarbon sector in OdishaDharmendra Pradhan today said about Rs 1 lakh crore is likely to be invested in the hydro-carbon sector in the state in next five to seven ...
Petroleum minister Dharmendra Pradhan lays foundation of new Rs 3150 crore plant in OdishaThe project, set to come up in the Indian Oil Corporation Refinery Project complex, marked the dawn of a new era for industrial development...
Odisha to Get Rs 1 lakh crore energy investment: Dharmendra PradhanPradhan said that Odisha is among the few states which will have gas from three sources – imported LNG, domestic natural gas, coal bed meth...