IOC gets cracking on Panipat project
PM News Bureau
Indian Oil Corporation Ltd is doing its best to ensure the
implementation of the Rs 14,438-crore Panipat naphtha cracker project by January
2010. According to reports, IOCL is pushing contractors for expeditious
completion of various engineering, procurement, construction and commissioning
packages of the petrochemicals project under a catch-up plan it has prepared to
overcome construction shortfalls through mobilisation of additional agencies.
The project has already witnessed a two-month delay over its original completion
deadline of November 2009 due to the slow rate of progress of overall construction work.
[May 12-18, 2008]