New Delhi: Indian Oil Corporation Ltd (IOC) plans to invest Rs 9,000 crore on quality improvement projects to improve the quality of petrol and diesel produced at its refineries.
“While the company is meeting the present requirements of fuel quality for better environment, IOC is gearing up to respond to the future needs as well,” B.N. Bankapur, Director Refineries, IOC, said.
In a statement issued here the company said, as per the Auto Fuel Policy, petrol and diesel quality for 13 major cities will be as per BS 1V norms from April 1, 2010 as compared to the present level of BS-III quality and rest of the country will switch over to BS-III quality from the present level of BS-II.
IOC is commissioning projects like once through hydrocracker at Haldia Refinery and diesel hydrotreater under resid upgradation project at Gujarat Refinery for improvement in diesel quality. Additional reactors are also being installed in units at Panipat and Barauni to improve diesel quality standards and the projects are expected to be commissioned by December 2009, he said.
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Similarly, petrol quality upgradation projects at all the IOC refineries have been initiated and are expected to be commissioned by December, 2009.
“While the company is meeting the present requirements of fuel quality for better environment, IOC is gearing up to respond to the future needs as well,” B.N. Bankapur, Director Refineries, IOC, said.
In a statement issued here the company said, as per the Auto Fuel Policy, petrol and diesel quality for 13 major cities will be as per BS 1V norms from April 1, 2010 as compared to the present level of BS-III quality and rest of the country will switch over to BS-III quality from the present level of BS-II.
IOC is commissioning projects like once through hydrocracker at Haldia Refinery and diesel hydrotreater under resid upgradation project at Gujarat Refinery for improvement in diesel quality. Additional reactors are also being installed in units at Panipat and Barauni to improve diesel quality standards and the projects are expected to be commissioned by December 2009, he said.
• Quarterly results of corporates: Check out
Similarly, petrol quality upgradation projects at all the IOC refineries have been initiated and are expected to be commissioned by December, 2009.
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