<p>Bhubaneswar: <a href="https://www.deccanherald.com/tags/indian-oil-corporation-limited">Indian Oil Corporation</a> will invest Rs 61,000 crore to establish a naphtha cracker project in Paradip in the eastern state of Odisha, the state government said on Tuesday.</p><p>The refiner is expected to sign an initial agreement with the state government in January, the Odisha chief minister's office said in a statement.</p><p>IOC operates a refinery in Paradip with a capacity of 300,000 barrels per day.</p>
<p>Bhubaneswar: <a href="https://www.deccanherald.com/tags/indian-oil-corporation-limited">Indian Oil Corporation</a> will invest Rs 61,000 crore to establish a naphtha cracker project in Paradip in the eastern state of Odisha, the state government said on Tuesday.</p><p>The refiner is expected to sign an initial agreement with the state government in January, the Odisha chief minister's office said in a statement.</p><p>IOC operates a refinery in Paradip with a capacity of 300,000 barrels per day.</p>