IOC to commission 15 mln tpa refinery and petrochemical complex by 2011

Indian Oil Corp (IOC) has received environmental clearance for its project in Orissa on August 6, 2007. IOC will commission a new 15 million tons oil refinery and an accompanying petrochemical complex at Paradip in Orissa by October 2011, at an investment outlay of Rs 25,646 crore. Technological selection for all major units has been completed while Project Management Consultant (PMC) has been selected for Front End Engineering and Design (FEED) of the project.
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