ABB Power Grids has been awarded a project worth Rs 165 crore by state-owned refiner Indian Oil Corporation (IOCL) to ensure reliable grid connection at its Barauni refinery in Bihar. The refiner aims to expand its crude oil processing capacity at the plant by 50% to 9 million tons per annum in the next three years and this project will ensure power quality for its future operations there.
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.
| Company Name | CMP |
|---|---|
| Reliance Industries | 1304.25 |
| Indian Oil Corpn. | 141.60 |
| Bharat PetroleumCorp | 308.20 |
| HPCL | 399.35 |
| MRPL | 150.20 |
| View more.. | |
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