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IOC to invest 286 crores in North East

By IndianMandarins- 29 Aug 2018
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ioc-to-invest-286-crores-in-north-east

Indian Oil Corporation will invest Rs 286 crore in North East to establish two new plants to enhance cylinder filling capacity. These two plants will be established near Agartala in Tripura and Badapani in Meghalaya at the cost of Rs 217 crore. As on today, there are ten plants to fill the LPG cylinders. Now the IOC is working to enhance the capacity of six plants. This process will require Rs 286 crore and the expansion plan will be completed by 2020. Rs 143 crore will be invested in Agartala and the capacity of this plant will be 60,000 metric tonnes per year. Badapani plant will have the capacity of 30000 metric tonne per year. Existing plants at Silchar and North Guwahati will also get boost in terms of capacity enhancement    

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