
Jul 29, 2026
✦The Statesman
IndianOil announces fresh investments of Rs 19,251 crore in Odisha
IndianOil announced fresh investments of Rs 19,251 crore in Odisha on Wednesday. The plan focuses on expanding the Paradip refinery into a major petrochemical hub. Executive Director Kausik Basu said the investments reaffirm IndianOil's commitment to developing Paradip into a world-class integrated energy and petrochemical hub, strengthening India's energy security.