Indian Oil investing over Rs 120 bn in Haldia refinery, pipeline

Firm seeks to improve Haldia refinery to roll out BS Stage VI fuel; pipeline will extend from refinery and link bottling plants in Durgapur, Kalyani and Budge Budge

State-owned Indian Oil is in the process of investing Rs 120.85 billion in West Bengal to operationalise a liquid petroleum gas (LPG) pipeline, which will extend from its refinery in Haldia in this state and link its bottling plants in Durgapur, Kalyani and Budge Budge, and to improve the Haldia refining facility to roll out BS Stage VI compliant fuel for vehicles.

Dipankar Ray, the company’s executive director for West Bengal, said that Rs 43.25 billion is being spent on this pipeline project, which in effect will not only increase the