{"id":565254,"date":"2023-03-24T11:27:10","date_gmt":"2023-03-24T05:57:10","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=565254"},"modified":"2023-03-24T11:27:10","modified_gmt":"2023-03-24T05:57:10","slug":"iocs-board-clears-rs-61000-crore-petchem-plant","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/iocs-board-clears-rs-61000-crore-petchem-plant\/","title":{"rendered":"IOC\u2019s board clears Rs 61,000 crore petchem plant"},"content":{"rendered":"<p>NEW DELHI: IndianOil\u2019s board has cleared the way for building a petrochemical complex at Paradip in Odisha at an estimated Rs 61,077 crore, marking the largestever investment by the staterun company at a single location.<\/p>\n<p>The move flows from the postpandemic thinking among refiners who are focusing on raising the share of highvalue intermediaries in their production portfolio as a hedge against disruption in sales of traditional fuels and a decline in their future demand in the emerging lowcarbon energy ecosystem.<\/p>\n<p>IndianOil has a 15 million tonne refinery at Paradip, Odisha.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>NEW DELHI: IndianOil\u2019s board has cleared the way for building a petrochemical complex at Paradip in Odisha at an estimated Rs 61,077 crore, marking the largestever investment by the staterun company at a single location. The move flows from the postpandemic thinking among refiners who are focusing on raising the share of highvalue intermediaries in their production portfolio as a hedge against disruption in sales of traditional fuels and a decline in their future demand in the emerging lowcarbon energy ecosystem. IndianOil has a 15 million tonne refinery at Paradip, Odisha.<\/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-565254","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\/565254","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=565254"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/565254\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=565254"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=565254"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=565254"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}