Indian Oil to Expand LPG Distribution Across India and Ghana
IndianOil, India’s flagship oil marketing company has been working tirelessly to expand its network of customer-touch points which currently numbers over 50,000 across India. Indian Oil Corporation is currently in talks with the Mizoram government for setting up an LPG bottling plant in the state. Besides this, the state-owned giant is also planning to upgrade 100 retail outlets across the Northeast at an estimated cost of about INR 50 crore in the next financial year. As per the chief general manager of IOC, G Ramesh, the company is also looking to commission at least nine retail outlets in Mizoram in the upcoming fiscal year. IndianOil has been continuously working towards development for LPG Value chain in India. India is striving tenaciously as a world leader in provision of clean energy to its citizens. To further strengthen the relations between India and Ghana, the Indian Oil recently signed an MoU with the National Petroleum Authority (NPA) of Ghana for providing its assistance and technical expertise for implementing Ghana's National LPG Promotion Policy. The MoU also provides for administrative assistance to IndianOil in case it acts as commercial participant in Ghana's downstream petroleum sector.