IndianOil and Praj Industries forge ahead with biofuels production in India

IndianOil and Praj Industries forge ahead with biofuels production in India

Indian Oil Corporation Limited (IndianOil) and industrial biotech company Praj Industries Limited have formalized plans to bolster biofuels production capacities in India. The two companies signed a term sheet that includes a variety of biofuels, such as Sustainable Aviation Fuel (SAF), Ethanol, Compressed Bio-Gas (CBG), Biodiesel, and Bio-bitumen. This initiative follows an agreement reached in […]

IndianOil to move ahead with Paradip Petrochemical Complex in Odisha

IndianOil to move ahead with Paradip Petrochemical Complex in Odisha

Indian Oil Corporation Limited (IndianOil) said that its board has sanctioned ‘Stage-I’ approval for establishing the Paradip Petrochemical Complex at Paradip in Odisha with an investment of INR 61,077 crores. The new petrochemical project in Paradip will be IndianOil’s largest-ever investment at a single location. The Paradip Petrochemical Complex will comprise an international-scale cracker unit […]