IOCL Plans Investments Of ₹2 Lakh Crore
The Hindu Mumbai|August 29, 2019

Oil major to expand refining, petrochemicals and natural gas businesses

Indian Oil Corporation Limited (IOCL), India’s largest refiner, plans to invest 2 lakh crore in the next 5-7 years to expand its refining, marketing, petrochemicals and natural gas business.

“Indian Oil has planned 2 lakh crore investments in the next five to seven years to evolve into a future-ready corporate that provides comprehensive energy solutions to diverse user groups,” said IOCL chairman Sanjiv Singh.

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