Indian Oil Corporation (IOC) is looking to transport fuel to Tripura through Bangladesh as the rail network has been totally snapped due to massive landslides in Assam.
After the only rail link connecting Assam's Dima Hasao district and Barak Valley, Mizoram, Manipur and Tripura with the rest of the country was washed away earlier this month, the company started moving all its supplies by road via Meghalaya, bearing more than double the cost.
After the Dima Hasao landslides, the only way to reach Manipur, Mizoram, Tripura and southern Assam was the road connectivity via Meghalaya. This route is also landslide prone. The situation forced the IOC, state governments and the Centre to scout for alternative ways to supply fuel to the southern region of the Northeast.
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.
