Indian Oil Corp has approved buying up to 50 per cent stake in GSPL LNG.
It has approved first stage expansion of its Gujarat refinery to 18 mmtpa of crude oil processing capacity at an estimated cost of Rs 15,034 crore.
First stage approval for installation of a second catalytic de-waxing unit at Haldia refinery at an estimated cost of Rs 1,126 crore has also been received
First stage approval for installation of ethanol plant using gas fermentation technology of Lanzatech USA at Panipat refinery for Rs 441 crore has also been received.