IndianOil Paradip refinery likely to be completed by July 2012
New Delhi   04-Dec-2009
IndianOil's Paradip refinery is likely to be completed by July 2012, the Minister of State for Petroleum and Natural Gas, Mr. Jitin Prasada, said today. "The schedule for completion of various process units of the project is between March 2012 and July 2012 and the full stabilisation of the refinery by November 2012 with no cost over-run anticipated at this stage," Mr. Prasada told Lok Sabha in a written reply. IndianOil is setting up the 15 million tones a years refinery at an estimated cost of around Rs 30,000 crore.