Indian Oil Corporation news

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Indian Oil Corporation Limited (IOCL), is an Indian multinational oil and gas company under the ownership of the Government of India and administrative control of the Ministry of Petroleum and Natural Gas. It is a public sector undertaking which is registered in Mumbai and headquartered in New Delhi. It is the largest government-owned oil producer in the country both in terms of capacity and revenue.

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economy14 h ago

Indian Oil Corporation approves a $256 million investment for a natural gas pipeline in southern India.

According to 36Kr, Indian Oil Corporation has approved an investment of about 245 billion rupees ($2.56 billion) to build and operate a natural gas pipeline from Kochi to Tuticorin, with a daily transmission capacity of 6.84 million standard cubic meters. The approval was disclosed in a stock exchange filing dated September 21.

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Indian Oil Corporation approves a $256 million investment for a natural gas pipeline in southern India.

economy14 h ago

coda.news AI summary

Indian Oil Corporation approved an investment of approximately 24.5 billion rupees ($2.56 billion) for a natural gas pipeline.
The pipeline runs from Kochi to Tuticorin and will be built and operated by IOC.
The pipeline system has a daily capacity of 6.84 million standard cubic meters of gas.
The information comes from a stock exchange filing dated September 21.

Indian Oil Corporation