IOC invests Rs 3,000 crore in Haldia refinery to meet BS-VI emission norms

State-owned Indian Oil Corporation (IOC) has made an investment of around Rs 3,000 crore to upgrade its refinery at Haldia to meet BS-VI emission norms, an official said on Thursday.

The oil marketing PSU will invest another Rs 388 crore for setting up a grassroot bottling plant at Kharagpur, diesel exhaust fluid (DEF) plant at Budge Budge and lube blending unit at Paharpur in West Bengal.

“IOC has made an investment of Rs 3,000 crore for upgrading the refinery at Haldia for the manufacture of petrol and diesel to comply with BS-VI emission norms,” Pritish Bharat, ED (West Bengal, Sikkim and A&N), said.

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