The Indian Oil Corporation (IOCL) is planning three new plants in the Northeast to increase its LPG bottling capacity by nearly 53 percent to eight crore cylinders annually by 2030.

The proposed new LPG bottling plants will come up in Mizoram, Meghalaya and Arunachal Pradesh at a total investment of Rs 350 crore.

The project will be executed in a combination of wholly-owned and public private partnership (PPP) models. The unit in Mizoram will be brownfield, while those in Arunachal Pradesh and Meghalaya will be set up as greenfield facilities.

The Mizoram plant, which is still at the estimation stage as adjoining lands are being acquired, will have a daily capacity of 30,000 cylinders and it is likely to cost Rs 150 crore.

The Meghalaya plant will be set up at Umiam and it will be a greenfield unit. IOCL will invest Rs 75 crore and the plant will be commissioned by December 2023 with a capacity to roll out 7,000 cylinders every day.

The company is scouting for land for the Arunachal Pradesh plant as the earlier location was not sufficient for a modern and bigger facility.

Indian Oil-AOD, the company's Northeast division, at present has an annual capacity to bottle 5.23 crore LPG cylinders at its nine plants.