IndianOil’s Paradip Refinery continues to be a pillar of industrial excellence, with a cumulative investment of ₹43,359 crore, reinforcing its commitment to economic development and social upliftment in Odisha.
Key Investments & Expansion Plans
- Paradip Petrochemical Complex Project: ₹61,077 crore investment to boost industrial growth and employment.
- Bhadrak Textile Park Project: ₹4,382 crore allocated to support Odisha’s textile sector.
- PX-PTA Project: ₹13,805 crore investment to strengthen the petrochemical value chain.
Economic & Social Impact
- Employment Generation: Over 15,000 direct and indirect jobs, including skilled and unskilled workers.
- State Revenue Contribution: ₹25,699 crore contributed to the state and central exchequer in FY24-25.
- CSR Initiatives: ₹54.55 crore spent on education, healthcare, skill development, and rural empowerment.
Future Outlook
IndianOil’s strategic vision aims to transform Paradip into an integrated energy and petrochemical hub, aligning with India’s Aatmanirbhar Bharat initiative and the national energy transition.
For more updates on industrial growth and community development, stay tuned! 🚀
