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Paradip Refinery Water Supply Project

Sector: Water Supply and Storage • Location: Paradip, Odisha, India

Source: Times of India

Project
Planned For Sale

IL&FS is selling its entire stake in Paradip Refinery Water, which supplies treated water to Indian Oil's refinery in Odisha. The project involves drawing water from the Mahanadi at Cuttack and transmitting it over a 94.2-km pipeline to IndianOil's Paradip refinery under a 25-year BOOT agreement. Operations began in June 2014 and continue through May 2039. The sale is part of IL&FS's resolution pl

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The project “Paradip Refinery Water Supply Project” is an infrastructure initiative in the Water Supply and Storage sector, located in Paradip, Odisha, India. Taiyo aggregates data on it from Times of India.

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planned for sale

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Description

Description

IL&FS is selling its entire stake in Paradip Refinery Water, which supplies treated water to Indian Oil's refinery in Odisha. The project involves drawing water from the Mahanadi at Cuttack and transmitting it over a 94.2-km pipeline to IndianOil's Paradip refinery under a 25-year BOOT agreement. Operations began in June 2014 and continue through May 2039. The sale is part of IL&FS's resolution plan to address group debt.

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High

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