{"id":374811,"date":"2020-09-23T10:52:55","date_gmt":"2020-09-23T05:22:55","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=374811"},"modified":"2020-09-23T11:42:25","modified_gmt":"2020-09-23T06:12:25","slug":"indian-oil-to-invest-%e2%82%b917825-cr-in-gujarat-refinery-expansion-petchem-project","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/indian-oil-to-invest-%e2%82%b917825-cr-in-gujarat-refinery-expansion-petchem-project\/","title":{"rendered":"Indian Oil to invest \u20b917,825 cr in Gujarat refinery expansion, petchem project"},"content":{"rendered":"<p>NEW DELHI : Indian Oil Corporation (IOC), the nation&#8217;s top oil firm, on Tuesday said it will invest \u20b917,825 crore in raising the capacity of its Gujarat refinery as well as setting up a petrochemical plant at the unit as part of plans for upscaling petchem business to protect margins.<\/p>\n<p>In a regulatory filing, IOC said its board at a meeting on September 21 &#8220;accorded approval for implementation of petrochemical and lube integration project at Gujarat refinery at an estimated cost of \u20b917,825 crore&#8221;.<\/p>\n<p>The project envisages raising the capacity of the Vadodara refinery in Gujarat from 13.7 million tonnes per annum to 18 million tonnes and building a 0.5 million tonnes a year polypropylene (PP) plant and a 2,35,000 tonne a year Lube Oil Base Stock (LOBS) unit.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>NEW DELHI : Indian Oil Corporation (IOC), the nation&#8217;s top oil firm, on Tuesday said it will invest \u20b917,825 crore in raising the capacity of its Gujarat refinery as well as setting up a petrochemical plant at the unit as part of plans for upscaling petchem business to protect margins. In a regulatory filing, IOC said its board at a meeting on September 21 &#8220;accorded approval for implementation of petrochemical and lube integration project at Gujarat refinery at an estimated cost of \u20b917,825 crore&#8221;. The project envisages raising the capacity of the Vadodara refinery in Gujarat from 13.7 million tonnes [&hellip;]<\/p>\n","protected":false},"author":44,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[139,130,187],"tags":[],"class_list":["post-374811","post","type-post","status-publish","format-standard","hentry","category-live-mint","category-newspapers","category-oil-gas-live-mint"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/374811","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=374811"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/374811\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=374811"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=374811"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=374811"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}