The Board of IndianOil at its meeting held on 20th December 2021 has accorded approval for investment proposal of new crude oil pipeline system with nameplate capacity of 17.5 MMTPA from Mundra to Panipat alongwith with augmentation of crude oil tank farm at Mundra, at an estimated cost of Rs.9,028 crore. The project will meet the enhanced crude oil requirement arising out of capacity expansion of Panipat Refinery from 15 MMTPA to 25 MMTPA.
The project is expected to be completed within 36 months and would be synchronized with the commissioning of Panipat Refinery expansion project.
You may also like
-
World Bank Approves $890 Million to Accelerate India’s Rooftop Solar Expansion
-
India’s Exports Rise 11.37% to $232.73 Billion in First Quarter of 2026–27
-
India’s Kharif Sowing Area Reaches 531.25 Lakh Hectares by July 10, 2026
-
India Expands Maize-Based Ethanol Production as E20 Fuel Programme Advances
-
India’s Food Services Market Expected to Reach US$150 Billion by FY31: Report