Paradip Refinery Expansion, Largest Strategic Petroleum Reserve At Chandikhol On Cards
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Bhubaneswar, April 5 -- Bhubaneswar: Union Petroleum Secretary Tarun Kapoor, who is on a visit to Odisha, announced a host of projects to be taken up in the State including the expansion of Indian Oil Corporation Limited's (IOCL) capacity expansion from the present 15 Million MT per annum to 25 Million MT.
As per the announcement, Odisha's Chandikhol is going to get the Country's largest strategic petroleum reserve at a cost of Rs 10,000 crore. The reserve will be an underground facility spanned across 400 acres of land which the State government will provide.
Addressing a presser on Monday, Kapoor said, "Out of the nine refineries of IOCL in the country, the one at Paradip is the most modern and advanced with a complexity index of 12.5...
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