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IOC gets nod for new crude oil pipeline from Mundra to Panipat Source: IRIS | 21 Dec, 2021, 04.31PM Rating: NAN / 5 stars. Comments  |  Post Comment Notice: Undefined variable: fileR in /me/beta.myiris.com/htdocs/newsCentre/bin/addLinksNew.php on line 17 Notice: Undefined variable: fileR in /me/beta.myiris.com/htdocs/newsCentre/bin/addLinksNew.php on line 142 Indian Oil Corporation (IOC), India's largest oil marketing company,Indian Oil Corporation (IOC), India's largest oil marketing company, announced that the company has received board’s approval for investment proposal of new crude oil pipeline system with nameplate capacity of 17.5 MMTPA from Mundra to Panipat along with augmentation of crude oil tank farm at Mundra, at an estimated cost of Rs 90.28 billion. The project will meet the enhanced crude oil requirement arising out of capacity expansion of Panipat Refinery from 15 MMTPA to 25 MMTPA. The project is expected to be completed within 36 months and would be synchronized with the commissioning of Panipat Refinery expansion project. Shares of the company gained Rs 0.65 or 0.60%, to trade at Rs 109.55. The total volume of shares traded was 612,550 at the BSE (3.03 p.m, Tuesday).  Post Comment Notice: Undefined index: dir in /me/beta.myiris.com/htdocs/newsCentre/comments.php on line 162 > Name Email Comment Security Code type    Notice: Undefined variable: captchacode in /me/beta.myiris.com/htdocs/newsCentre/comments.php on line 183 into this box

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