Indian Oil NSE 0.19 % plans to invest Rs 4,500 crore to set up a petrochemical facility in Haryana, the company said in a statement.
Indian Oil’s board has given “stage – 1” approval for implementation of India’s maiden styrene monomer project with a capacity of 387,000 metric tonnes per annum at the company’s refinery & petrochemical complex at Panipat, according to the statement.
