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IOC to shut Paradip plant for 22 days for maintenance work

20 Jul 2020 Evaluate

Indian Oil Corporation (IOC) is all set to shut Paradip plant for 22 days from July 25, 2020 for maintenance work. The decision to undertake the annual maintenance work in the plant has been taken by IOC authorities and the district administration. Periodic maintenance work of the refinery is essential for ensuring operational safety and efficiency.

The last such maintenance activity was undertaken in March 2018.

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.

Peers
Company Name CMP
Reliance Industries 1166.00
Indian Oil Corpn. 132.00
Bharat PetroleumCorp 301.00
HPCL 346.00
MRPL 164.70
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