Highlights

» But, other downstream companies exceeded their capital spending targets by a wide margin

» IOC had budgeted Rs 26,233 crore Capex, but ended up spending Rs 27,195 crore

» HPCL, a unit of ONGC, spent Rs 14,036 crore against its target of Rs 11,500 crore.

» Similarly, Bharat Petroleum Corporation

Ltd (BPCL) ended up spending Rs 10,697 crore against the budgeted Rs 9,000 crore