State-owned Indian Oil Corporation (IOC) will invest about Rs 52,000 crore in expanding Paradip refinery in Odisha and setting up petrochemical complex after the Odisha State Gvernment agreed to restore part of tax incentives.
Important Takeaways from Above News-
- Headquarters of IOC is located in New Delhi.
- Sanjiv Singh is the current Chairman of IOC.
Source- Business Standard