IOC To Invest Rs 170 Crore In Strategically Vital Siliguri Oil Terminal


IOC  To Invest Rs 170 Crore In Strategically Vital Siliguri Oil Terminal

State-owned Indian Oil Corporation is going to invest Rs 170 crore in capacity augmentation at its Siliguri storage terminal that supplies fuel to a vast area and important defence establishments such as the 33 Corps.

With three mountain divisions, the corps has snow clad high-altitude Sino-Indian border within its responsibility area.

“It is more of an operational, strategic step that we are taking to augment the capacity of this terminal,” said Dipankar Ray, IOC’s executive director and state level coordinator for West Bengal. “The main focus will be in reducing filling time of oil tankers with modernisation of equipment and systems related to loading,” Ray told ET. Read more

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