IndianOil to invest $3.28bn in IOCL Gujarat Refinery and other projects

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IndianOil to invest $3.28bn in IOCL Gujarat Refinery and other projects

Indian Oil Corporation Limited (IndianOil or IOCL) has signed a memorandum of understanding (MoU) with the Gujarat Government for enabling investment of around INR 24,000 crore ($3.28 billion) for the IOCL Gujarat Refinery expansion and other infrastructure projects in the state. The MOU signing ceremony for “Investment Promotion” was presided over by Gujarat Chief Minister […]

Bhavnagar CNG terminal : Gujarat government clears decks for $260m project

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Bhavnagar CNG terminal : Gujarat government clears decks for $260m project

Bhavnagar CNG terminal : The western Indian state of Gujarat has approved a letter of intent (LOI) pertaining to a compressed natural gas terminal at the Bhavnagar port to be developed with an investment of INR19 billion ($260 million). The midstream facility sanctioned by Gujarat Chief Minister Vijaybhai Rupani is expected to become the first-ever […]