Indian Oil to invest Rs 1300 crore into green initiatives in West Bengal


Indian Oil to invest Rs 1300 crore into green initiatives in West Bengal

State-run oil marketing company Indian Oil Corporation (IOC) has lined up investments worth Rs 1,300 crore over the next two years to be made in the state of West Bengal, with a majority of the funds to be used for green initiatives.

The investments will be in various fields including the Bharat Stage-VI compliance of Indian Oil Corporation’s Haldia refinery, unveiling diesel emission additives, new retail outlets, ethanol tankers and a Liquefied Petroleum Gas (LPG) bottling plant.

Pritish Bharat, executive director of Indian Oil Corporation, said that from April 1, 2020, the retailer will sell only BS VI-compliant fuel (both petrol and diesel) Read More

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