|Project Announcement Quarter||Q3 2017|
|Project Value(estimated)||2400 million|
Project Description: Indian Oil Corporation Ltd (IOCL) plans to expand an oil refinery at Koyali in the state of Gujarat, India.
The project involves the expansion of oil refinery to increase the processing capacity from 274,000bpd to 300,000bpd. It includes the construction of fuel retailing units, oil pipelines, a distillation unit and hydro-treated and catalytic reformer units.