IndianOil to invest Rs 20,000 crore in pipeline network
New Delhi   09-Apr-2017

State-run Indian Oil Corporation is planning to invest at least Rs 20,000 crore to add a 25-million-tonne (mt) pipeline. The project will cover 20 projects in the next four years.

“We are looking to increase our pipeline capacity by 25 mt — including crude oil, liquefied petroleum gas and other petroleum products — from the current 93.7 mt level. This includes investments of Rs 20,000 crore,” said Anish Aggarwal, director (pipelines), IndianOil.

The company's road map comprises India's longest LPG pipeline from the Kandla coast in Gujarat to Gorakhpur in eastern Uttar Pradesh. The pipeline covering cities Ahmedabad, Ujjain, Bhopal, Kanpur, Allahabad, Varanasi and Lucknow will carry 3.75 mt a year and cover 2,650 km.

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