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( As on 11/10/2018 11:17) Indian Oil Corp - Outcome of Board Meeting

The Board of IndianOil at its meeting held on 10th October 2018 has accorded approval for the following:

1. Investment approval for City Gas Distribution projects in 7 Geographical Areas won by IndianOil in 9th Round CGD Bidding
2. Investment proposal for production of Ethanol from PSA off Gas based on LanzaTech Gas Fermentation Technology at Panipat Refinery
3. Proposal for Investment approval for Paradip - Somnathpur - Haldia Product Pipeline