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IOC in process of developing LPG from bio mass in 2-3 years

28 Feb 2020 Evaluate

Indian Oil Corporation (IOC) is in the process of developing LPG from bio mass in two to three years. This step has been taken by the company in line with the decision of World LPG Association to have at least 50 per cent of LPG from bio mass, including vegetable waste, by 2040.

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.


Peers
Company Name CMP
Reliance Industries 1186.10
Indian Oil Corpn. 130.70
Bharat PetroleumCorp 296.50
HPCL 343.10
MRPL 172.60
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