IOC planning to invest Rs 3,681 crore in setting up mega-scale Maleic Anhydride Plant

Indian Oil Corporation Ltd. | Refineries | Oil & Gas | BSE: 530965 | NSE: IOC

02 Nov 2021 Evaluate

Indian Oil Corporation (IOC) is planning to invest Rs 3,681 crore in setting up India's first mega-scale Maleic Anhydride Plant to manufacture value-added chemical products at its Panipat refinery and petroleum complex (PRPC) in Haryana. The project will be commissioned in 54 months from stage-1 investment approval.

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	1275.00
Indian Oil Corpn.	135.30
Bharat PetroleumCorp	303.00
HPCL	354.00
MRPL	181.35
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SEBI Registration Number:	INA000013323 Validity – May 16, 2019 – Perpetual
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