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IOCL’s Dual-Feed Naphtha Cracker Project

Sector: Government • Location: Bhubaneswar, Odisha, India

Source: The Hans India

Project
Awarded

The Odisha government signed a MoU with Indian Oil Corporation Ltd (IOCL) for the establishment of a Dual-Feed Naphtha Cracker Project, which is expected to bring in investments of over Rs 58,042 crore and generate employment for 24,000 people. This project is part of a larger initiative that includes 13 MoUs signed for a total investment of Rs 98,880 crore, aimed at enhancing the state's industri

Status
Closed
Sector
Government, Oil and Gas, Manufacturing (Industrial), Chemical (Industrial)
Location
Bhubaneswar, Odisha, India
Updated
22 Jul 2026
Source
The Hans India

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The project “IOCL’s Dual-Feed Naphtha Cracker Project” is an infrastructure initiative in the Government sector, located in Bhubaneswar, Odisha, India. Taiyo aggregates data on it from The Hans India.

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Status

Original status

Awarded

Taiyo status

Closed

Taiyo last update

2026-07-22

Contact

Not available for this record.

Description

Description

The Odisha government signed a MoU with Indian Oil Corporation Ltd (IOCL) for the establishment of a Dual-Feed Naphtha Cracker Project, which is expected to bring in investments of over Rs 58,042 crore and generate employment for 24,000 people. This project is part of a larger initiative that includes 13 MoUs signed for a total investment of Rs 98,880 crore, aimed at enhancing the state's industrial capabilities and creating significant employment opportunities.

Original sector

Petrochemical

Budget

Location

Country

India

State

Odisha

City

Bhubaneswar

Source

Source

The Hans India

URL

More Details

Record type

Project

Sector

Government, Oil and Gas, Manufacturing (Industrial), Chemical (Industrial)

Article published date

2025-04-14

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