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IOC awards naphtha contracts worth Rs.1,490.35 crore

Thursday, 01 May 2008
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Indian Oil Corporation awarded contract worth Rs.1,490.35 crore to import 0.4 million tpa of naphtha to Emirates National Oil Co for supply to Zuari Industries (ZIL) at Goa and Mangalore Chemicals & Fertilizers (MCFL) at Mangalore.

Out of the total 0.4 million tpa naphtha planned to be imported, 0.2 million tpa will be imported on account of ZIL through 12 cargoes at a cost of Rs.17.96 crore. The remaining 0.18 million tpa of naphtha will be imported on account of MCFL through 12 cargoes at an estimated expenditure of Rs.672.39 crore.

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