Indian Oil Corporation (IOC), India’s flagship petroleum company has been conferred with the SCOPE Meritorious Award 2010-11 for R&D, technology development and innovation. The award was received by the company in the presence of Union Minister of Heavy Industries & Public Enterprises, Secretary, Department of Public Enterprises and Chairman of BRPSE. The award was presented as a part of the celebrations of the third Public Sector Day.
The Standing Conference of Public Enterprises (SCOPE) is an apex organization of Public Sector Enterprises (PSEs). In its pursuit to promote excellence and competitiveness of public enterprises, it regularly recognizes performance in various categories.
Indian Oil Corporation, ranked 98th in the Fortune ‘Global 500’ list has been a forerunner in the development of alternative sources of energy.
