INDIAN OIL CORPORATION LTD. - Indian Oil Corporation Ltd reply to clarification sought by exchange

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02 Jan 2015
The Exchange had sought clarification from Indian Oil Corporation Ltd with respect to news article appearing in Mint on January 02, 2015 titled "IOC to commission Paradip refinery"<BR><BR>Indian Oil Corporation Ltd replied stating "We would once again like to clarify that a 15 MMTPA Grass Root Refinery Project at Paradip was approved by the Board of IndianOil way back in 2009. The status of the project is also provided in the Annual Reports from time to time. It may be noted that the project is nearing completion and the commissioning of the project is likely to begin on stage-wise basis from F.Y. 2015-16. Once the project is commissioned, the Stock Exchanges would be duly notified."
View all announcements for INDIAN OIL CORPORATION LTD.	Source: BSE India

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