State-run oil refiner Indian Oil Corporation’s Mathura refinery has received the environmental clearance for projects to expand its crude processing capacity to 11 mmtpa. Currently, the Mathura Refinery has processing capacity of 8 mmtpa.
Mathura Refinery head and executive director Asis Kumar Maiti told news agency PTI that the refinery has been accorded environmental clearance for residue upgradation and distillate yield improvement project with 11 MMTPA crude processing.
“The environmental clearance was given on November 22 by the Ministry of Environment, Forest and Climate Change impact assessment division,” Maiti said. The proposal is likely to generate both direct and indirect employment opportunities.
Ever since its establishment, the Mathura Refinery has carried out more plantations and worked on reducing sulphur content in diesel and petrol produced at the unit. It has set up air monitoring stations at Farah, Keetham, Sikandara and Bharatpur to ascertain air quality in the area. The refinery has undertaken projects to upgrade its diesel and gasoline units to bring down sulphur level by nearly 80 per cent, according to Mr Maiti.
With the commissioning of the facilities, Mathura Refinery is now supplying 100 per cent of its MS (petrol) and HSD (diesel) meeting BSVI norms, according to the officials.
On Friday, November 26, shares of Indian Oil settled 3.74 per cent lower at Rs 120.95 apiece on the BSE.