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IOC to invest around Rs 8,700 crore in Mathura refinery expansion project

13 Aug 2014 Evaluate

Indian Oil Corporation (IOC) is planning to invest around Rs 8,700 crore in the Mathura refinery expansion project which would lead to speedy development of the Mathura-Agra region besides creating job opportunities.

Under the Mathura refinery extension project the oil refining capacity would be enhanced from the existing 8 lakh metric tonnes to 11 lakh metric tonnes and it would provide employment opportunities to some 10 thousand youths.

IOC is the largest enterprise in the country and the foremost ranked Fortune Global 500 Company in India and has presence in the complete hydrocarbon value chain from downstream refining & marketing, pipeline transportation, Petrochemicals, E&P and Gas Marketing.

 

Peers
Company Name CMP
Reliance Industries 1166.00
Indian Oil Corpn. 132.00
Bharat PetroleumCorp 301.00
HPCL 346.00
MRPL 164.70
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