Oil India subsidiary, Numaligarh planning to set 200 KTPA aviation fuel plant in Odisha

Oil India subsidiary, Numaligarh Refinery Limited (NRL) is planning to establish a 200 KTPA aviation fuel plant in Odisha as part of its net zero initiative, targeting completion by 2040. NRL is also exploring activated carbon production from bamboo dust, with assistance from IIT Guwahati, and expanding its capacity from 3 to 9 MMTPA with a new crude oil pipeline.

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Source: HDFC Securities Prime Research