Indian Oil Corporation (IOC) has received Ministry of Environment and Forest (MoEF) clearance for setting up its proposed Rs 3,000 crore coker plant at Haldia in West Bengal. The company plans to have a capacity of 120,000 bpd for the coker units.

Around 82 acre has already been acquired from Hindustan Fertiliser Corporation (HFCL). The land identified was owned by the Kolkata Port Trust and was in the possession of the closed facility of HFCL. However, the entire land will not be required for the coker plant and the company is mulling to set up a petrochemical plant on the additional land.

Presently, IOC has undertaken a project for improvement of diesel quality and capacity expansion at Haldia refinery at an investment of Rs 2,869 crore. The project is expected to be completed by December 2009. The scope of the project includes installation of facilities for improvement in diesel quality and distillate yield (hydrocracker) at Haldia and the capacity expansion of the refinery from 6 to 7.5 million tpa.

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