Indian Oil Corporation Limited (IOCL) Current Affairs, GK & News

Indian Companies in 2022 Fortune 500 list

In the Fortune Global 500 list of year 2022, 9 Indian public and private companies have been added. Life Insurance Corporation (LIC) of India has been ranked at 98th position in the list, with revenue worth USD 97,266.7 million. LIC has been added to the list for the first time, after it was listed on ..

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NTPC- Indian Oil Joint venture firm

NTPC has inked an agreement with Indian Oil Corporation (IOC) to create a joint venture company, in a bid to meet the power requirements for upcoming projects of IOC refineries. Highlights Both the entities have joined hands with the objective of increasing the usage and capacity of renewable energy sources in India. As per plan. ..

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Indian Oil to build India’s First Green Hydrogen Plant

Indian Oil will build India’s first Green Hydrogen Plant at Mathura refinery. Highlights This plant will be an addition in order to expand the existing crude oil refining capacity by 25 million tonnes per annum. Indian Oil has been pursuing its ambitious plans of hydrogen production across various types such as in renewable power to ..

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IOC to build India’s first green hydrogen plant at Mathura

IOC, India’s largest oil firm will build the country’s first ‘green hydrogen’ plant at its refinery in Mathura. This decision has been undertaken with the view of preparing for a future to cater to the growing demands cleaner forms of energy.   Highlights This project will be the India’s first ever green hydrogen unit. Earlier, ..

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SBI and IOCL to ink India’s First Libor Alternative Rate Deal

The State Bank of India (SBI) and Indian Oil Corporation Limited (IOCL) will be sign the first Secured Overnight Financing Rate (SOFR) linked external commercial borrowing (ECB) deal. The deal will be signed because the de facto international benchmark reference rate called the London Interbank Offered Rate (LIBOR) will no longer work as the benchmark ..

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