(EnergyAsia, August 17 2011, Wednesday) — State-owned Indian Oil Corporation (IOC) may complete its 15-million-tonne-a-year Paradip refinery in Orissa state by the first quarter of 2013, a full year behind schedule.Recently announcing this in Parliament, Minister of State for Petroleum and Natural Gas R.P.N. Singh said the company will not be eligible to apply for…
INDIA: IOC to lose tax holiday status for missing Paradip oil refinery start-up date
Posted on August 17, 2011 by EnergyAsia