Energy | Oil refiners to spend $13.9 bn on expansion

Energy | Oil refiners to spend $13.9 bn on expansion
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First Published: Thu, Jul 02 2009. 11 01 PM IST
Updated: Thu, Jul 02 2009. 11 01 PM IST
New Delhi: India’s state oil refiners plan to spend Rs66,200 crore over the next two years on capacity expansion and upgrades to improve the quality of fuel produced at existing plants, the government said.
Indian Oil Corp. Ltd, the nation’s largest refiner, will spend Rs29,840 crore to boost the quality of petrol and diesel at its refineries in Gujarat, Haryana, Bihar and Assam, minister of state for petroleum and natural gas Jitin Prasada told the Lok Sabha on Thursday.
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RIL to partly shut Jamnagar refinery
New Delhi: Reliance Industries Ltd (RIL) will partially shut its old refinery in Gujarat for two-three weeks, starting on Friday. The company will idle one of the crude distillation units at the 660,000 barrel-a-day plant for routine maintenance work, RIL said in a statement to the Bombay Stock Exchange.
Fuel supply won’t be affected because other units at the refinery will operate normally, the refiner said. Reliance previously shut a crude distillation unit at the refinery for 10 days in October 2007.
— Bloomberg
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First Published: Thu, Jul 02 2009. 11 01 PM IST