Indian Oil chairman B. Ashok. Chairman B. Ashok said Indian Oil is framing a Rs15,750 crore investment plan to add 7,550km of long-distance pipeline for petroleum products. ALSO READ | Indian Oil reconsidering investment plans for Paradip refinery in OdishaIndian Oil, at present has a pipeline network of 12,000km and throughput capacity of 85.5 million tonnes a year. Our intention is to build a pipeline network for meeting the requirement of all our refineries and bottling plants,” said Ashok. Expanding the pipeline network is also set to help Indian Oil’s diversification into gas marketing business.
Source: Mint February 19, 2017 18:43 UTC