May 17: Chennai Petroleum Corporation has seen lackluster performance recently. 8But things are likely to improve from here on 8Indian Oil Corporation's Chairman has reiterated that merger of CPCL with IOC (parent company) is inevitable. 8The company is in the midst of capacity expansion and quality upgradation programmes. Large outlay for new projects exposes CPCL to significant project implementation risks Click on Reports to find out more on what's going on with the company