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Indian Oil Corporation gets nod to invest Rs 2,448.70 crore in KTPL project

21 Sep 2026 Evaluate

Indian Oil Corporation has received investment approval for laying, building, operating Kochi-Kanyakumari-Thoothukudi Natural Gas Pipeline (KTPL) at an estimated project cost of Rs 2,448.70 crore. The Board of Directors of the company, at its meeting held on September 21, 2026, has approved the same.

Indian Oil Corporation 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 1243.70
Indian Oil Corpn. 137.75
Bharat PetroleumCorp 312.85
HPCL 358.50
MRPL 165.00
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