Indian Oil Corporation (IOC) has been emerged as the biggest bidder for city gas licences in the 10th bid round. The bid round has also saw Adani Group, Hindustan Petroleum Corporation (HPCL) and Indraprastha Gas as the other prominent bidders.
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.