IOCL Junior Engineer Mechanical paper | 55881

 

Indian Oil Corporation Limited (IOCL) Junior Engineer Mechanical paper:

IOCL Junior Engineer mechanical paper In 2003, the government attempted to further privatize the company. However, following a petition by the Centre for Public Interest Litigation, the Supreme Court restrained the Central government from privatizing Hindustan Petroleum and Bharat Petroleum without the approval of Parliament.As counsel for the CPIL, Rajinder Sachar and Prashant Bhushan said that the only way to disinvest in the companies would be to repeal or amend the Acts by which they were nationalized in the 1970s.As a result, the government would need a majority in both houses to push through any privatization.

In 2017, Bharat Petroleum Corporation Limited (BPCL) received Maharatna status, a term used to describe government owned entities in India with the largest market capitalization and consistently high profits.status on 12 September 2017

Indian Oil's cross-country pipeline network, for transportation of crude oil to refineries and finished products to high-demand centers, spans over 13,000 km The company has a throughput capacity of 80.49 MMTPA for crude oil and petroleum products and 9.5 MMSCMD for gas. On 19 November 2017, IOC, in collaboration with Ola, launched India’s first electric charging station at one of its petrol-diesel stations in Nagpur.

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