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IOC's 180,000 crore capex-II: Rs 15,000 crore of fresh capex sanctioned
Aug 07: IOC intends to add 20 MMTPA of refining capacity over the next five years, pushing up installed capacity to 100 MMTPA.
8This is over and above the 60 MMTPA mega refinery that it is partnering with BPCL and HPCL to build.
8Capital approval was provided last week to an increase in capacity of one of its refineries by more than 4 MMTPA at a cost of Rs 15,000 crore.
8IOC's capex binge is likely to keep EPC contractors as well as equipment and service suppliers busy for some time to come
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