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State Government | Not Classified - india | PID: 76571
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Value: 10000 Crore | Oil Major Indian Oil Corporation- Owned Chennai Petroleum Corporation Limited (CPCL) That It Intends To Expand Its Refining Capacity By Six Million Tonnes, At A Cost Of Rs 10,000 Crore
Company Managing Director K Balachandran Said That Though The Proposed Expansion Is Actually For Nine Million Tonnes, It Would Be Offset By The Scrapping Of The Outmoded First Unit Of The Refinery, With An Installed Capacity For Refining Three Million Tonnes Of Crude Oil
He Made The While Releasing The Financial Results Of The Company
With The Proposed Expansion, The Total Effective Capacity Of The Refinery Would Increase To 16 Million Tonnes
| Updated on: 19 - May - 2010
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