{"id":398028,"date":"2021-01-30T10:46:35","date_gmt":"2021-01-30T05:16:35","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=398028"},"modified":"2021-01-30T10:46:35","modified_gmt":"2021-01-30T05:16:35","slug":"indian-oil-board-clears-rs-29000-cr-nagapattinam-refinery-plan","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/indian-oil-board-clears-rs-29000-cr-nagapattinam-refinery-plan\/","title":{"rendered":"Indian Oil board clears Rs 29,000 cr Nagapattinam refinery plan"},"content":{"rendered":"<p>Chennai: The board of directors of state owned Indian Oil Corporation on Friday cleared an investment of Rs 29,361 crore to construct and implement a 9 million tonne refinery in Nagapattinam through a special purpose vehicle.<br \/>\nIndian Oil and its refining subsidiary CPCL will own 25% each in the SPV while the rest will be held by strategic or financial investors, the company said in a regulatory filing. The project needs regulatory approvals and nod from Niti Aayog, Indian Oil said. CPCL already owns 650 acres in the area as it already has a one million tonne refinery which is operational.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Chennai: The board of directors of state owned Indian Oil Corporation on Friday cleared an investment of Rs 29,361 crore to construct and implement a 9 million tonne refinery in Nagapattinam through a special purpose vehicle. Indian Oil and its refining subsidiary CPCL will own 25% each in the SPV while the rest will be held by strategic or financial investors, the company said in a regulatory filing. The project needs regulatory approvals and nod from Niti Aayog, Indian Oil said. CPCL already owns 650 acres in the area as it already has a one million tonne refinery which is [&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":[130,219,137],"tags":[],"class_list":["post-398028","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-oil-gas-the-times-of-india","category-the-times-of-india"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/398028","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=398028"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/398028\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=398028"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=398028"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=398028"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}