Company: Indian Oil Corpn. Ltd.
Ownership: Central Govt. - Commercial Enterprises
Project Location: Paradip, Distt. Cuttack, Orissa, India
Contact: R.K. Sabharwal / Exec. Director - Refineries  Secondary Contact: A.K. Arora / Director - Refineries
Project Status: Active  Project Type/Scale: New Unit
Industry: Refinery
Investment/Estimated Cost: Rs. 25,676.00 Crores / USD 6,419.00 Million

Saturday, April 1, 1995	Date of announcement
Thursday, June 4, 1998	PIB (Public Investment Board) approval received
Thursday, July 2, 1998	CCEA (Cabinet Committee on Economic Affairs) approval received
Thursday, December 31, 1998	Initial commissioning date
Tuesday, December 21, 1999	Project bids awarded
Monday, January 31, 2000	Foundation stone laid
Wednesday, May 24, 2000	Foundation stone laid
Sunday, March 31, 2002	Expenses incurred till 1 (Rs. 531.00 Crores)
Thursday, October 31, 2002	Stalled upto
Monday, March 31, 2003	Expenses incurred till 1 (Rs. 583.61 Crores)
Monday, February 16, 2004	MoU signed
Sunday, February 22, 2004	Stalled upto
Thursday, September 30, 2004	Expenses incurred till 1 (Rs. 1,000.00 Crores)
Thursday, March 31, 2011	Commercial production expected

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