Indian Oil Surpasses Reliance Industries as Nation’s Top Refiner
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Indian Oil Corp. surpassed Reliance Industries Ltd. as the biggest refiner in the country after increasing capacity at a plant in north India by 25 percent to 15 million metric tons a year.
State-run Indian Oil restarted a crude distillation unit at Panipat following the expansion a “couple of days ago,” Basavaraj Ningappa Bankapur, director of refineries, said by telephone today. “We will gradually start all the units and the refinery will start using its full capacity soon.”