Odisha Sun Times Bureau
Paradip, Jan 17:
The Indian Oil Corporation Ltd (IOCL) commenced production of petrol from its refinery at Paradip in Odisha today, IOCL sources said.
IOCL sources said the 15 MMTPA Paradip Refinery of IOCL built at a cost of Rs 34,555 will be primarily producing BS-IV fuels.
The facility will be serving country’s eastern and south eastern markets apart from exports.
Prime Minister Narendra Modi is scheduled to dedicate Paradip Refinery to the nation on February 7 as earlier announced by Union Petroleum & Natural Gas Minister Dharmendra Pradhan.
The foundation stone for the refinery was laid by former Prime Minister Atal Bihari Vajpayee in May 2002, which again was a full one decade after the project was proposed by the PV Narasimha Rao government in July 1992.
This 15-million tonne refinery is also the largest on the country’s eastern coast and is equipped with the latest technology, including IOC’s own patented IndMax technology for better and higher LPG output.