Indian Oil will invest about Rs 1,800 crore to upgrade its Koyali refinery to produce fuel compliant with Euro-IV emission norms, a top official said today. “The Gujarat refinery is gearing up to meet the petrol and diesel quality improvement programme, in line with the government^s auto fuel vision 2025 to supply BS-IV fuels from April, 2017,” executive director of the refinery SK Dhar Gupta said.
“We will be investing around Rs 1,800 crore for this,” he added. Petrol and diesel meeting BS-IV specifications are to be supplied throughout the country from April, 2017 and BS-V grade fuel by April 1, 2020, Gupta said. BS-IV fuels contain 50 parts per million (ppm) sulphur, while BS-V and BS-VI grade fuel have 10 ppm sulphur.