March 29, 2018 / 11:49 AM / 3 months ago

BRIEF-Indian Oil Approves Augmentation Of Kandla LPG Import Terminal To 2.5 MMTPA For 5.88 Bln Rupees ‍​

March 29 (Reuters) - Indian Oil Corp Ltd:

* APPROVED AUGMENTATION OF KANDLA LPG IMPORT TERMINAL TO 2.5 MMTPA FROM 0.6 MMTPA AT ESTIMATED COST OF ABOUT 5.88 BILLION RUPEES ‍​

* APPROVED LAYING OF CRUDE OIL PIPELINE IN HALDIA-BARAUNI SECTION, CONVERSON OF EXISTING PRODUCT, GAS PIPELINE FOR ABOUT 32.17 BILLION RUPEES

* APPROVED AUGMENTATION OF MATHURA-TUNDLA PRODUCT PIPELINE AT ESTIMATED COST OF 6.86 BILLION RUPEES

* APPROVED PROJECT FOR PRODUCTION OF 100 PERCENT BS-VI COMPLAINT MOTOR SPIRIT, HIGH DIESEL AT GUJARAT REFINERY FOR 33.80 BILLION RUPEES

* APPROVED ACQUISITION OF MINORITY STAKE OF 4 PERCENT IN LANZATECH NEW ZEALAND LTD FOR $20 MILLION VIA ITS UNIT IOCL SINGAPORE Source text: bit.ly/2Goqw0c Further company coverage:

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