IOCL plans investment worth Rs 610 Billion in Odisha
Government-owned Indian Oil Corporation (IOCL) has plans to invest Rs 610 Billion to set up a naphtha cracker project in Paradip, Odisha. The firm is expected to sign an initial agreement with the state government in January 2025.
IOCL is operating a refinery unit in Paradip that has a capacity of 300,000 barrels per day.
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