Indian Oil Corp to set up aviation fuel plant with LanzaJet

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

14 Jun 2023 Evaluate

Indian Oil Corp (IOC) is planning to set up an 80,000 tonnes sustainable aviation fuel plant with LanzaJet in Haryana. The company is looking at an investment of about $280.1 million. The refiner is also running a pilot project for green fuel in association with Praj Industries in the western state of Maharashtra.

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	1258.00
Indian Oil Corpn.	135.25
Bharat PetroleumCorp	304.50
HPCL	351.00
MRPL	175.90
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Name of the IA registered with SEBI:	The Alchemists Ark Pvt. Ltd.
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Trade/Brand Name of IA:	MoneyWorks4Me Investment Advisers
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SEBI Registration Number:	INA000013323 Validity – May 16, 2019 – Perpetual
Registration:	Non-Individual
BSE Enlistment No:	1187
Address:	B-101, Signet Corner Building, Balewadi Phata, Baner, Pune, Maharashtra 411045

Compliance Officer Details:	Name: Shrikant Jagtap Email: shrikant.jagtap@moneyworks4me.com	Telephone: +919860359463 Address: Same as IA
Grievance Officer Details:	Name: Mukta Vaze Email: mukta.vaze@moneyworks4me.com	Telephone: +919860919463 Address: Same as IA
Principal Officer Details:	Name: Atharva Bhide Email: atharva.bhide@moneyworks4me.com	Telephone: +919175899463 Address: Same as IA
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