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.