IOC plans to invest Rs 4,500 crore in petrochemical facility in Haryana

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.

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