Ion Exchange (India) has received a contract order from Indian Oil Corporation (IOCL) for the works pertaining to the Panipat refinery capacity expansion project (P-25) at Panipat, Haryana.
The contract includes installing a water treatment plant including reverse osmosis, demineralization plant, condensate polishing unit, and zero liquid discharge plant.
The contract is valued at Rs 726.13 crore.
The project is to be constructed and commissioned within 24 months from the date of the letter of acceptance (LoA) and entails an operation and maintenance period of two years.