New Delhi: The Pipelines Division of Indian Oil (Indian Oil Corporation Limited) completed 25 glorious years of excellence since its formation in 1998. Currently, Indian Oil operates a network of more than 17,000 km long crude oil, petroleum product and gas pipelines with a throughput capacity of 108 million metric tonnes per annum (MMTPA) for liquid fuel and 49 million metric standard cubic meters per day (MMSCMD) of natural gas.
Celebrating the momentous Silver Jubilee milestone, Indian Oil’s Chairman Shrikant Madhav Vaidya congratulated Pipelines Division during a grand event held at Indian Oil’s Pipelines Headquarters at Noida. Vaidya extended greetings on this occasion to the employees of Pipelines Division who have risen over challenges and converted roadblocks into opportunities to build the mammoth 17,000 km of sprawling pipeline network across the nation.
During the special occasion, Indian Oil’s Director (Pipelines) DS Nanaware elaborated on the road map for the future growth of the Pipelines Network and shared that company’s Pipelines network length is poised to cross 20,000 km, as many ambitious projects are under various stages of implementation. Indian Oil Board of Directors, CVO (Indian Oil) and former directors of the Pipelines Division also graced the occasion.
Cross-country pipelines are globally recognised as the safest, most reliable, cost-effective, energy-efficient, and environment-friendly mode of transportation of petroleum. Indian Oil Pipelines are covered under “PM Gati Shakti National Master Plan” for integrated and seamless Multi-modal connectivity.
Disclaimer: This story is a press release and is being published without any editing by the PSU Watch desk.
(PSU Watch– India’s Business News centre that places the spotlight on PSUs, Bureaucracy, Defence and Public Policy is now on Google News. Click here to follow. Also, join PSU Watch Channel in your Telegram. You may also follow us on Twitter here and stay updated.)