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Indian Oil revised project cost of Barauni Refinery in Bihar
The increase in project cost is mainly on account of the increase in the cost of Plant & Machinery.
New Delhi: Indian Oil Board approval to the project for expansion of capacity (crude processing) of its Barauni Refinery in Bihar from 6.0 MMTPA to 9.0 MMTPA at an estimated cost of Rs. 13,779 crore. The company today, in its regulatory filing, states that, Board of IndianOil at its meeting held today, i.e.
30th April 2025 has accorded approval for the revision in the cost of the Barauni Refinery expansion project from Rs. 13,779 crore to Rs. 16,724 crore.
The increase in project cost is mainly on account of the increase in the cost of Plant & Machinery.
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