PM Narendra Modi has inaugurated the 15 million tonne per annum Indian Oil Corporation refinery at Paradip, Odisha.
- It is IOC’s 11th refinery that will be instigated with a capacity of 15 MMTPA.
- Refinery Cost – Rs 34,555 crore
Features of Paradip Oil Refinery:
- It has been designed to process broad basket of crude including dirty and cheaper high Sulphur heavy crudes from Latin America.
- Capable to produce Bharat Stage IV (BS IV)/BS V quality transportation fuelto comply with Auto Fuel Policy.
- Major products are premium grade high speed diesel (HSD) and motor spirit (MS).
- Major by products – Petroleum coke (petcoke) and Sulphur.
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