IOC, NTPC sign MoU to explore business opportunities

24 Jul 2019

Indian Oil Corporation (IOC) has signed a Memorandum of Understanding (MoU) with NTPC to explore possible business opportunities in the areas of mutual interest like Power Supply to Refineries, Setting up of new Power Plant & Acquisition of Power Plants under NCLT, Fuels Lubricants, Biogas ethanol plants, Waste to Energy, Technical Consultancy, O&M and R&M services, Knowledge sharing & Training and any other area as may be mutually agreeable.

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.

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