Latest news with #IndianOilCorporationLimited
Business Upturn
5 days ago
- Business
- Business Upturn
IndianOil finalizes LCoH for India's largest green hydrogen project at Panipat
Indian Oil Corporation Limited (IndianOil) has finalised the Levelized Cost of Hydrogen (LCoH) for establishing a 10,000 tonnes per annum (TPA) Green Hydrogen Generation Unit at its Panipat Refinery & Petrochemical Complex. This move marks IndianOil's foray into green hydrogen production, positioning it as a key player in India's transition to cleaner energy sources. In the exchange filing, the company shared, 'IndianOil has finalised the Levelized Cost of Hydrogen (LCoH)* for setting up a 10,000 Tonnes Per Annum Green Hydrogen Generation Unit at its Panipat Refinery & Petrochemical Complex. This marks IndianOil's entry into the green hydrogen space with India's largest-ever green hydrogen project to date.' Advertisement Scheduled for commissioning by December 2027, the unit will produce green hydrogen—generated using renewable energy—which will be used to replace fossil-based hydrogen currently utilized in refinery operations. This substitution is expected to significantly reduce carbon emissions at the facility. The project is aligned with the Government of India's National Green Hydrogen Mission and forms part of IndianOil's broader decarbonization strategy. By focusing on green hydrogen, the company aims to support national climate goals and move towards its net-zero emissions target.
Time of India
5 days ago
- Time of India
Bikers snatch woman's purse containing gold necklace, cash and mobile phone in Shahpura
Bhopal: In another snatching incident that exposed lapses in the city's security ahead of a scheduled VVIP movement, bike-borne miscreants allegedly snatched the bag of a woman travelling in an auto-rickshaw with her husband near a private bank in Rohit Nagar Phase-I in Shahpura around 9:45 PM on Wednesday night and fled the spot. Tired of too many ads? go ad free now The bag contained a gold necklace, Rs5,000 in cash, and a mobile phone. Acting on the complaint, Shahpura police registered a snatching case against unidentified accused and started investigations. Shahpura SHO Lokendra Singh Thakur said that the complainant, Mohammad Ameen, 51, a native of Ranchi in Jharkhand, is currently posted at Indian Oil Corporation Limited in Shimla. He previously lived in Bhopal between 2013 and 2017. Ameen informed the police that he went to Indore to attend a family wedding. He came to Bhopal on Tuesday night for some work and was staying at the company's guest house. His wife accompanied him. SHO Thakur said that on Wednesday morning, Ameen's wife took out her gold necklace from a bank locker near 10-Number Market and kept it in her purse. They came to Shahpura and had lunch at a relative's home. In the afternoon, the couple visited New Market for shopping. After completing their shopping, the couple hired an auto-rickshaw around 10 PM to return to the guest house in Shahpura. As the auto approached HDFC Bank in Rohit Nagar Phase-I, a bike pulled up next to them, and the pillion rider snatched the purse from Ameen's wife, who was seated near the edge of the auto. The stolen purse contained a gold necklace, Rs 5,000 in cash, and a mobile phone. The couple immediately reported the incident at the Shahpura police station. Tired of too many ads? go ad free now After inspecting the crime scene, police registered an FIR on charges of snatching against the unidentified bike-borne accused around 2:30 AM. Investigators suspect that the robbers may have followed the couple from New Market and targeted them after confirming the presence of valuables. Since the victim was sitting near the open side of the auto, the miscreants had easy access for the snatching. Police are currently scanning CCTV footage from the area to identify the accused.
New Indian Express
26-05-2025
- New Indian Express
Bihar native dupes man on pretext of helping open petrol pump, arrested
BHUBANESWAR : Police have arrested a Bihar native for allegedly posing as an Indian Oil Corporation Limited (IOCL) employee and cheating a businessman of Rs 19.97 lakh on the promise of facilitating him to open a petrol pump in Biridi area of Jagatsinghpur. The accused, Satish Kumar of Nawada district in Bihar, was brought to Odisha on Saturday night. The Cyber Crime and Economic Offence police station had received a complaint from Sarada Prasan Routray, a businessman of Bhotapada in this connection on May 2. As per the complainant, he had been looking to open a petrol pump and browsing the internet to get information on the same. While searching online, he had come across a fake website where the scamsters impersonated themselves as employees of IOCL, and assured to help him open a petrol pump in his wife's name at Biridi. The cyber fraudsters even used a fake website - iocl@ to communicate with the complainant. Without realising that it was a scam, Routray allegedly deposited six cheques amounting to Rs 19.97 lakh between January 29 and April 25. However, he later developed a suspicion over the entire process and visited the IOCL office where Routray realised that he had been duped by the fraudsters. 'All the cheques were issued in the name of IOCL. However, the accused had provided mule account numbers to Routray,' said Bhubaneswar DCP, Jagmohan Meena. Police said neither the bank nor the complainant verified if the accounts indeed belonged to IOCL. 'The banks and the customers should verify the names on the cheques and the accounts where the money is being transferred to find out if they are same or not,' said Cyber crime and Economic Offence police station ACP, Akshaya Kumar Nayak.
Time of India
15-05-2025
- Time of India
Security concerns: 21 Pak crew members on board vessel refused entry at Paradip port
Kendrapada/Bhubaneswar: Amid simmering tension between India and Pakistan, security agencies Wednesday refused 21 Pakistani crew members aboard a crude oil tanker from disembarking shortly after it anchored near Paradip port on Wednesday. The Hong Kong-flagged vessel, ' MT Siren II ', carrying 196,580 metric tonnes of unrefined oil, anchored at the Single Point Mooring (SPM) berth, around 20 km offshore from Paradip port. The cargo is destined for Indian Oil Corporation Limited (IOCL) refinery in Paradip, a major oil refinery with 15 million tonne per annum capacity. Arun Bothra, additional director general (ADG) of coastal security in Odisha, said the cargo vessel has 25 crew members, including 21 from Pakistan. "Specific instructions were issued for the Pakistani nationals not to disembark from the ship as a precautionary measure," Bothra told of police (Jagatsinghpur) Bhawani Sankar Udgata said security measures were intensified immediately after immigration authorities identified Pakistani nationals among the crew. "The Pakistani crew will remain onboard," Udgata said. There would be no such restriction on the remaining four crew members, two each from India and Thailand security agencies, including Marine Police, Indian Coast Guard, CISF, and Customs have been placed on high alert. The agencies have conducted thorough vessel searches and document verification of all crew members coming from South Korea via Singapore. The state govt has been notified about the presence of Pakistani nationals, and the 17-year-old vessel will remain under constant surveillance throughout its stay near Paradip, the SP SPM, a floating buoy anchored offshore, facilitates the transfer of liquid cargo through underwater pipelines to the refinery. Sources said the ship will start unloading crude oil through the pipelines on Thursday and will take around 36 in such cases the crew members come to the port land to relax when the cargo is being unloaded. In this case, however, the Pakistani nationals will be under strict vigil on the ship itself though the security agencies have found nothing suspicious on them. "It is an abundance of precaution in view of the current situation," the SP added.
The Hindu
14-05-2025
- The Hindu
Security tightened at Odisha's Paradip port after arrival of ship with 21 Pakistani crew members
'The Odisha Police on Wednesday (May 14, 2025) beefed up security at port town Paradip after the arrival of a ship with 21 Pakistani crew members on board,' officials said. 'The 'MT Siren II' with a total of 25 crew members reached Paradip port early on Wednesday (May 14, 2025) from South Korea via Singapore, carrying crude oil for Indian Oil Corporation Limited,' they said. India-Pakistan ceasefire LIVE updates: PM Modi chairs Cabinet Committee on Security meet 'Security arrangements have been tightened by Odisha Marine Police and the CISF after receiving information about the crew members from the Immigration Department,' said Marine Police Station inspector in-charge Babita Dehuri. The Paradip port had been put on high alert in the wake of the military conflict between India and Pakistan. 'The ship is anchored at 'PM berth', located around 20 km from the shore, and has 11,350 metric tonnes of crude on board,' the officials said. Operation Sindoor and India's response to Pakistan's retaliatory strikes: Before and after images of targets in Pakistan 'Orders have also been issued that no crew will be allowed to leave the ship during evacuation of the crude oil,' the police officer said.
