Oil India has reportedly entered into a Memorandum of Understanding (MoU) with IOT Infrastructure & Energy Services for the EPC (Engineering-Procurement-Construction) jobs. Both the companies will share technology & knowledge, in areas of mutual interests. They will together take up construction jobs for Natural Gas/ Crude Oil/ Product Pipelines & associated Pump Stations in India and abroad.
Oil India, a Navratna Company, is Asia's oldest and biggest pioneer oil exploration and Production Company. NTPC is the largest power generating company in the country. It has also diversified into hydro power, coal mining, power equipment manufacturing, oil & gas exploration, power trading & distribution.
