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IOC to commence crude processing at Paradip refinery by August-September

30 May 2014 Evaluate

Indian Oil Corporation is planning to commence crude processing at its 300,000-barrels-per-day Paradip refinery by August or September. The company is also planning to run it at 60 percent capacity at present and 100 percent capacity in next year. The refinery will have only one crude distillation unit.

IOC is the largest enterprise in the country and the foremost ranked Fortune Global 500 Company in India and has presence in the complete hydrocarbon value chain from downstream refining & marketing, pipeline transportation, Petrochemicals, E&P and Gas Marketing.

Peers
Company Name CMP
Reliance Industries 1166.00
Indian Oil Corpn. 132.00
Bharat PetroleumCorp 301.00
HPCL 346.00
MRPL 164.70
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