Chennai Petroleum plans CAPEX of Rs 400 crore
Subsidiary of Indian Oil Corporation Limited (IOCL), Chennai Petroleum Corporation Ltd (CPCL) has planned a capital expenditure (CAPEX) of Rs 400 crore. The firm would be venturing into establishing retail outlets for petrol and diesel.
This comes as CPCL is celebrating its diamond jubilee this year.
Also Read: IOCL to setup fuel stations at Noida International Airport