Press briefing of Cabinet Decision taken on 2022-05-02

Contract Awarding for the purchase of Refined Petroleum Products

- Bids have been invited for 04 Procurements to purchase Petrol and Gas Oil under Short Term Indian Credit Line of US$ 200 million received with the assistance of Export-Import Bank of India. As such, the proposal made by the Minister of Energy pertaining to awarding the said procurements to the M/s Indian Oil Corporation Ltd. as recommended by the Special Standing Cabinet Appointed Procurement Committee, was approved by the Cabinet.