The plan includes spending Rs 34,555 crore in the 15 million tons a year Paradip oil refinery in Odisha that has recently started producing fuel.

Besides, the refinery expansion projects planned include raising Panipat refinery capacity to 20.2 million tons from 15 million tons currently at a cost of Rs 15,000 crore as well as raising capacity at Koyali, Mathura and Barauni units by 2020, the official said.

Paradip has started producing fuel and helped Indian Oil Corp regain the top refinery slot in the country, the official said.

Also Barauni refinery in Bihar will be expanded from 6 million tons to 7 million tons in first phase and than to 9 million tons in second, he said.

IOC will use propylene from cracked LPG and ethylene from refinery offgas to produce plastic that is used in making furniture, disposable cups and trays, printed packaging material, plain and transparent films, currency notes, food packets and pressure-sensitive tapes.

New pipelines planned include Paradip-Raipur-Ranchi product pipeline, debottlenecking of Salaya-Mathura crude oil pipeline, augmentation of Paradip-Haldia-Barauni crude oil pipeline, Paradip-Hyderabad pipeline and Jaipur-Panipat naphtha pipeline.

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