Indian Oil to invest ₹1.8 lakh cr in next 6 yrs
Indian Oil Corporation Limited (IOCL) will invest up to ₹1.8 lakh crore across verticals in the next 6 years, IOCL Chairman B Ashok said on Wednesday. The state-owned firm will reportedly invest about ₹50,000 crore in setting up refining capacity, where it aims to add at least 24 million tonnes per year over the next five years.