INDIAN OIL CORPORATION LTD. - 530965 - Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate
Information under regulation 39(3) regarding Issue of Duplicate Share Certificate (Letter of Confirmation)28-03-2023
28-03-2023
INDIAN OIL CORPORATION LTD. - 530965 - Closure of Trading Window
Intimation of Trading Window Closure Period27-03-2023
INDIAN OIL CORPORATION LTD. - 530965 - Announcement under Regulation 30 (LODR)-Change in Directorate
In accordance with the Regulation 30 read with Part A of Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015, it is hereby informed that Dr. Navneet Mohan Kothari, (DIN - 02651712) Government Nominee Director, representing the Ministry of Petroleum & Natural Gas (MoP&NG), has ceased to be a Director of the Company w.e.f. 25th March 2023, consequent upon completion of his term.25-03-2023
Govt need investments to address lack of feedstock cracker in petrochem
The government on Friday said there is a shortage of feedstock cracker in the petrochemicals sector and more private investments are required in the sector to reduce imports. Addressing an Assocham-organised conclave on speciality chemicals, Chemicals and Petrochemicals Secretary Arun Baroka said with electric vehicles coming up and demand for petrol/diesel set to reduce, automatically there will be more push for petrochemicals in future. "We know that there is a shortage of feedstock and it is estimated that we need one (feedstock)cracker every year till 2040 but that kind of investment is not coming now. There will be a shortfall in terms of the numbers of crackers which are required by the country. When there is a shortage, obviously we will be dependent on imports," he said. An investment of Rs 18 lakh crore is required for increasing feedstock cracker as estimated in a report by Indian Oil Ltd and Engineers India Ltd. However, the government alone cannot make this kind of...24-03-2023
IOC to invest Rs 61,077 cr in petchem complex at Paradip, Odisha
India's top oil company IOC will invest Rs 61,077 crore in building a petrochemical complex at Paradip in Odisha - its largest ever investment at a single location - as it doubles down on its transition plan. In a statement, Indian Oil Corporation (IOC) said its board has given "Stage-1 approval for setting up Paradip petrochemical complex at Paradip, Odisha at an estimated cost of Rs 61,077 crore." "This mega project will be the largest-ever investment of Indian Oil at a single location," it said but did not give timelines for completion of the project. This is a part of its transition plan including boosting petrochemical intensity to help protect against volatility. Petrochemical intensity refers to the percentage of crude oil that is converted directly into chemicals that are used to make plastic and other material. Crude oil, pumped out of the ground and from below the seabed, is processed in refineries to make petrol, diesel and other fuel. It can be processed to make...22-03-2023
INDIAN OIL CORPORATION LTD. - 530965 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
Please find attached a copy of the press release, being issued by the Company titled 'IndianOil Board approves setting up Paradip Petrochemical Complex Marks the largest-ever investment of IndianOil at a single location'.22-03-2023
businessline, IOCL plan seventh Campus Connect lecture
This is the last of the seven lectures that are to be held21-03-2023
INDIAN OIL CORPORATION LTD. - 530965 - In-Principle Approval For Setting Up Paradip Petrochemical Complex At Paradip, Odisha.
Pursuant to Regulation 30 read with Part A of Schedule III of SEBI (LODR) Regulations 2015, it is hereby informed that the Board of lndianOil at its meeting held on 21st March 2023 has accorded 'in-principle' approval to carry out pre project activities including preparation of Detailed Feasibility Report for setting up Paradip Petrochemical Complex at Paradip, Odisha at an estimated project cost of Rs. 61077 crore. The project shall improve the Petrochemical Intensity Index of the Company and de-risk its fossil fuel business. It shall also help to reduce the import dependency and contribute to vision of 'Atmanirbhar Bharat.'21-03-2023
INDIAN OIL CORPORATION LTD. - 530965 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
Please find attached a copy of the press release, being issued by the Company titled 'IndianOil and NTPC Green Energy Limited (100% subsidiary of NTPC Limited) to form Joint Venture for setting up of Renewable Energy (RE) Power plants to meet Round the clock power requirement of new projects of IndianOil Refineries'.20-03-2023