Indian Oil Corporation to invest Rs 1.75 trillion over 7 years

• Indian Oil Corporation will be investing Rs 1.75 trillion over the next seven years to expand output by 54 per cent to around 100 million tonnes per annum.
• It has a capex plan of Rs 1.75 trillion over the next seven years. And out of this, Rs 50,000 crore will be for brownfield expansion at existing facilities.
• The investment will increase its total output to close to 100 million tonnes per annum from the present 65 million tonnes.

Source: ET