Indian Oil nears completion on Panipat and Koyali capacity expansion
Indian Oil said its 15-million tpy Panipat refining and chemical complex in Haryana has reached a 94% completion rate on a project to add 10 million tpy of crude processing capacity, bringing it to 25 million tpy. Expanded commissioning is scheduled for December 2026, with a 60,000-tpy PBR plant startup expected then. Investment has risen to 382.31 billion rupees. IOC also reported 89.2% completion on its Koyali capacity expansion, with refinery startups planned by yearend 2026.