IOCL Gets Green Light for New Terminal in Bihar

Indian Oil Corporation (IOCL) has secured Stage-1 approval for constructing a greenfield terminal at Bihta in Patna, Bihar. The company's Board approved this project on 30 July 2024. This terminal will be situated on the Barauni-Kanpur Product Pipeline (BKPL) and Patna-Motihari-Baitalpur Pipeline (PMBPL), with an estimated cost of Rs 1,698.67 crore.

The project involves relocating the existing marketing terminal and pipeline pump station in Patna. This strategic move aims to enhance IOCL's infrastructure and operational efficiency in the region. The company will undertake pre-project activities to ensure smooth execution and timely completion.

IOCL's extensive pipeline network in the eastern region, including the Haldia-Barauni Pipeline (HBPL), Barauni-Kanpur Pipeline (BKPL), and Haldia-Mourigram-Rajbandh Pipeline (HMRPL), plays a crucial role in supplying petroleum products to West Bengal, Uttar Pradesh, Bihar, and Jharkhand. The new terminal at Bihta is expected to bolster this network further.

This development signifies IOCL's commitment to strengthening its logistics and supply chain capabilities in eastern India. The new terminal will facilitate better distribution of petroleum products, meeting the growing demand in the region.

With this approval, IOCL is poised to enhance its service delivery and operational efficiency, reinforcing its position as a leading energy provider in India.

News by Rahul Yelligetti