IndianOil seeks nod to raise Rs20.000 crore17
New Delhi   29-Aug-2018

Indian Oil Corporation Ltd., the country’s largest oil marketing company, has sort shareholder approval to raise upto Rs 20, 000 crore through private placement of debentures in 2018-19, according to the company’s Annual report. IndianOil plans to invest Rs 1.43 trillion in next five years to expand projects across its business segments. Currently the company has projects worth Rs 32, 000 crore in various stages of Execution.