The Indian Oil Corporation (IOC) is likely to rebuild its depot in at
Sanganer in Jaipur (Rajastan) which was destroyed by fire.
According to the Union Ministry for Petroleum and Natural Gas, the
replacement cost of buildings and machinery is estimated to be over Rs 160
crore. It is expected to take at least two years to complete the work of
rebuilding the infrastructure at the terminal.
Also See:
IOC to
double spending on R&D (06-Nov-09)