Indian Oil gets nod to form 50:50 joint venture companies in India

29 Sep 2023 Evaluate

Indian Oil Corporation has received approval from board of directors to form 50:50 Joint Venture Company in India between EverEnviro Resource Management, and Indian Oil or its wholly owned subsidiary, subject to approval of NITI Aayog, DIPAM etc. for setting up of Compressed Biogas Plants. 

The company has also received approval for formation of 50:50 Joint Venture Company in India between GPS Renewables, and Indian Oil or its wholly owned subsidiary, subject to approval of NITI Aayog, DIPAM etc. for setting up of Compressed Biogas Plants. The Board of Indian Oil at its meeting held on September 29, 2023 has approved the same. 

Indian Oil Corporation 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.

Indian Oil Corp. Share Price

138.25 0.45 (0.33%)
24-Dec-2024 16:59 View Price Chart
Peers
Company Name CMP
Reliance Industries 1223.50
Indian Oil Corp. 138.25
BPCL 291.85
HPCL 413.45
MRPL 148.70
View more..
© 2024 The Alchemists Ark Pvt. Ltd. All rights reserved. MoneyWorks4Me ® is a registered trademark of The Alchemists Ark Pvt. Ltd.