Indian Oil for the purpose of upgrading its Koyali refinery, will invest about Rs 1,800 crore.

SK Dhar Gupta, the executive director of the refinery said, “the Gujarat refinery is gearing up to meet the petrol and diesel quality improvement programme, in line with the government’s auto fuel vision 2025 to supply BS-IV fuels from April, 2017.”

He further added that “We will be investing around Rs 1,800 crore for this.”

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