IOC team takes stock of works at Paradip

The 15-tonne per annum project was scheduled to be commissioned last year, but was delayed due to labour, land issues

A team of senior IndianOil Corporation (IOC) officials led by chairman R S Butola took stock of the work at upcoming Paradip refinery.

The state run company is planning to commission the Rs 30,000-crore refinery by September this year. A part from Butola, the team included R K Malhotra, director, research and development, P K Goyal, director, finance, Rajkumar Ghosh, director, refineries, M Nene,director, marketing and V  S. Okhde, director, pipelines.

The 15-million tonnes per annum (MTPA) project was scheduled to be commissioned last year, but got delayed due to labour and land issues and also because of the slow progress of power plant project. “The highly complex and most advanced refinery is conceived to process 100 per cent heavy, high -sulphur cheaper crude for better profitability.

This energy efficient refinery will meet the spiraling domestic demand for LPG, petrol, diesel, ATF and other petroleum products in eastern India and beyond. It will also produce petrochemical feedstock such as propylene,” an IOC statement said.
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