Question

Recently which public sector petroleum company would invest Rs 740.2 crore in raising the capacity of its Digboi Refinery in Assam from 0.65 million tonne per annum to 1 million tonne per annum?

A Oil India Limited Correct Answer Incorrect Answer
B Oil & Natural Gas Corporation Limited Correct Answer Incorrect Answer
C Indian Oil Corporation Limited Correct Answer Incorrect Answer
D Bharat Petroleum Correct Answer Incorrect Answer
E Gas Authority of India Limited Correct Answer Incorrect Answer

Solution

Indian Oil Corporation (IOC), the nation's largest oil firm, would invest Rs 740.2 crore in raising the capacity of its Digboi Refinery in Assam from 0.65 million tonne per annum to 1 million tonne per annum along with associated facilities at an estimated cost of Rs 740.2 crore. The project is expected to be commissioned by October 2025. The capacity expansion would improve the profitability of the Digboi Refinery.

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