Board of IOCL approves investment of Rs 14.59 billion for PBR project at Panipat

IOCL’s board has accorded investment approval worth Rs 14.59 billion and Rs 72.82 billion for its a Poly Butadiene rubber (PBR) unit at the Panipat Refi­nery, and development of city gas distribution (CGD) networks in nine ge­o­graphical areas allocated under the eleventh round of CGD bidding, respectively. The PBR project involves the construction of 60 kilotonnes per annum at the Panipat Refinery and Petrochemical Complex in Haryana.

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