IndianOil refining capacity to rise
Mumbai   06-Sep-2010

IndianOil will raise its refining capacity to 80.70 MMT by 2012. The company is further building up refining capacity by establishing a new refinery and capacity expansions. With the capacity expansion of 1.5 MMTPA at Haldia and 3 MMTPA at Panipat Refinery getting completed by October 2010, the refining capacity of IndianOil will go upto 54.2 MMTPA and group refining capacity will be 65.7 MMTPA by the end of 2010. Director (Refineries) B.N Bankapur said that IndianOil plans to take the group refining capacity to 80.7 MMT per annum with the commissioning of the Paradip Refinery in 2012 and will continue to be the key player in Refining.