IOCL to ramp up LPG output in Northeast by 53 per cent to 80 million cylinders by 2030

IOCL is planning three new plants in the Northeast to increase its liquefied petroleum gas (LPG) bottling capacity by 53 per cent, to 80 million cylinders annually, by 2030, in order to meet the growing demand in the region. These new LPG plants are expected to be commissioned in Mizo­ram, Meghalaya and Arunachal Pradesh at a total cost of Rs 3.25-3.5 billion. The unit in Mizoram will be a brownfield facility, while those in Aruna­chal Pradesh and Meghalaya will be greenfield facilities. The Mizoram pla­nt will have a daily production capacity of 30,000 cylinders and will cost Rs 1.5 billion. The company plans to invest Rs 750 million in the Megha­laya plant, which will have the capacity to produce 7,000 cylinders per day and is expected to be commissioned by December 2023. Meanwhile, the plant in Arunachal Pradesh is expected to cost around Rs 1 billion.

GET ACCESS TO OUR ARTICLES

Enter your email address