BusinessPhoto: Business StandardIndian Oil Spends 37% of ₹32,700 Crore FY27 Capex in H1
Indian Oil Corporation spent ₹12,162 crore in the first half of FY27, achieving 37% of its ₹32,700 crore capital expenditure target. Most spending, about ₹9,300 crore, went to refining and marketing, with ₹1,306 crore on petrochemical projects. Other investments included ₹582 crore on pipelines, ₹133 crore on natural gas, ₹109 crore on R&D, and ₹121 crore on exploration and production. This pace is slower than last year’s 47% by September.
Business Standard·



