Second investment proposal is for production of Ethanol from PSA off Gas based on LanzaTech Gas Fermentation Technology at Panipat Refinery using Gas Fermentation Technology of LanzaTech USA at an estimated cost of Rs 520 crore. The third investment approval is for laying of Paradip- Somnathpur- Haldia Pipeline (PSHPL) at an estimated cost of Rs 1332 crore. The Board of the company at its meeting held on October 10, 2018, approved that same.
IOC is the largest enterprise in the country and the foremost ranked Fortune Global 500 Company in India and has presence in the complete hydrocarbon value chain from downstream refining & marketing, pipeline transportation, Petrochemicals, E&P and Gas Marketing.
Bhupendra Singh Chundawat is a seasoned technology journalist with over 22 years of experience in the media industry. He specializes in covering the global technology landscape, with a deep focus on manufacturing trends and the geopolitical impact on tech companies. Currently serving as the Editor at Udaipur Kiran, his insights are shaped by decades of hands-on reporting and editorial leadership in the fast-evolving world of technology.
