IOC awards EPC contract to Thyssenkrupp Industrial Solutions India

Indian Oil Corporation Ltd. | Refineries | Oil & Gas | BSE: 530965 | NSE: IOC

09 Sep 2022 Evaluate

Indian Oil Corporation (IOC) has awarded a $75-million EPC contract to Thyssenkrupp Industrial Solutions India to construct a catalytic dewaxing unit (CDWU) at its Baroda refinery in Gujarat. The proposed CDW unit will have an annual capacity of a 270-kilo tonne.

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.

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Reliance Industries	1258.00
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HPCL	351.00
MRPL	175.90
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