Indian Oil Corporation (IOC) is ready to supply low emission BS-VI fuels from April 1 and that there will be a marginal increase in retail prices. The company has spent over Rs 17,000 crore to upgrade its refineries to produce the low-sulphur diesel and petrol.
IOC is the largest enterprise in the country and the foremost ranked Fortune Global 500 Company in India and has presence in the complete hydro carbon value chain from downstream refining & marketing, pipeline transportation, Petrochemicals, E&P and Gas Marketing.