Indian Oil Corporation (IOC) has rolled out M15 petrol -- 15 per cent blend of methanol with petrol -- on a pilot basis in Assam's Tinsukia district. Blending fuel with methanol will provide respite from the rising prices. Pilot rollout of M15 is a stepping stone towards achieving fuel independence and reducing the import burden. Steps are being taken by IOC to make India self-sufficient in energy.
The pilot rollout was done in Tinsukia by the company due to the ready availability of methanol, which is being manufactured by Assam Petrochemical in the vicinity of Digboi refinery.
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.
