In a bid to expand its Liquefied Petroleum Gas (LPG) pipeline projects, state-owned Indian Oil Corporation (IOC) has proposed to invest about Rs 1,200 crore during the current financial year. Paradip-Haldia-Durgapur Pipeline and Ennore-Trichy-Madurai Pipeline are being planned for transportation of LPG.
Recently, the company said it plans 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.
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.
Company Name | CMP |
---|---|
Reliance Industries | 2949.15 |
Indian Oil Corp. | 173.85 |
BPCL | 632.60 |
HPCL | 531.70 |
MRPL | 254.45 |
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