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IOC to invest Rs.12,000 crore to meet Euro-IV deadline

Tuesday, 02 Sep 2008
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Indian Oil Corporation is planning to invest over Rs.12,000 crore in upgrading its seven refineries to produce Euro-III and Euro-IV grade petrol and diesel from April 2010.

While petrol and diesel meeting the stringent Euro-IV specifications is to be supplied in seven metro cities of Delhi, Mumbai, Chennai, Kolkata, Bangalore, Hyderabad and Ahmedabad from 01 April 2010, Euro-III grade fuel is to be supplied in rest of the country from 01 April 2010.

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