Indian Oil Corporation Ltd (IOCL) has ramped up its pipeline capacity to match the rated capacity of its 15 million tonne per annum (mtpa) crude oil refinery at Paradip.
The scaling up of pipeline capacity will help the oil major in evacuation of products from the refinery.
The IOCL board had, in October, accorded final approval to the 344-km pipeline project from Paradip to Haldia via Somnathpur for evacuating products from the refinery.
The new pipeline will see an investment of Rs 13.32 billion for transfer of products like HSD (high speed diesel), Kerosene (SKO) and MS (motor spirit). The