IOCL invests Rs 30 billion to upgrade Haldia refinery for BS-VI

IOCL has made an investment of around Rs 30 billion to upgrade its Haldia refinery to meet Bharat Stage (BS)-VI emission norms. The oil marketing public sector undertaking will invest another Rs 3.88 billion for setting up a grassroots bottling plant at Kharagpur, a diesel exhaust fluid plant at Budge Budge and a lube blending unit at Paharpur in West Bengal. The company has incurred a total expenditure of around Rs 170 billion across its refineries to manufacture BS-VI-compliant fuel. All IOCL’s retail outlets will be ready to supply BS-VI-compliant fuel from April 1, 2020.