Tag: Iocl

Bhubaneswar: The BJP on Friday accused the State Government of causing unwanted problems for the Central Government undertaking company Indian Oil Corporation Limited (IOCL) by issuing it show-cause to favour Deepak Fertilisers and Petrochemicals Corporation Limited (DFPCL). A tug of war had ensued recently between the IOCL and Odisha Government with a show-cause being issued by Infrastructure Development […]

Paradip: The Odisha Industrial Infrastructure Development Corporation (IDCO) has sent a show cause notice to Indian Oil Corporation Limited (IOCL), Paradip Refinery Project alleging it of violating land lease deed and allocation terms and conditions. A reply has been sought from IOCL within 15 days. The approach road connecting National Highway-5 to IOCL plant site […]

Bhubaneswar: Days after writing to Petroleum minister Dharmendra Pradhan about employment not being given to Odias in the IOCL refinery in Paradip, senior leader of BJP Bijoy Mohapatra once again raised the issue today criticising his own party for taking sides with the Central PSU in the port town. “IOCL does not belong to BJP. […]

Bhubaneswar: Amid claims by opposition parties about cracks in BJD, the differences within BJP are out in the open with veteran politician and BJP leader Bijoy Mohapatra alleging that dreams of Odia youths have shattered as they have been cornered when it comes to employment at the IOCL Paradip refinery and other Central projects. In […]

Bhubaneswar: After the launch of Pradhan Mantri Ujjwala Yojana (PMUY), liquefied petroleum gas (LPG) coverage in Odisha reportedly increased from 20% of the total households in 2014 to 43% in 2017. “LPG coverage has increased from 20% in June 2014 to 43% at present in terms of penetration when comparing active customers with calculated current […]

Bhubaneswar: The fourth meeting of the working group to resolve tax dispute between the Odisha government and the Indian Oil Corporation Limited (IOCL) remained inconclusive today. The meeting of the core group involving officials of IOCL and the State government could not arrive at an settlement on the tax incentive issue of the former’s Paradip refinery project. […]

Bhubaneswar: The much awaited talks between the Indian Oil Corporation Limited (IOCL) and Odisha government, to resolve the VAT issue, reportedly failed to reach a consensus in New Delhi on Monday, as the officials attending the meeting sought more time to discuss on it. “No decision could be taken at the meeting. We discussed on […]

Paradip: After a brief lull, miscreants have bounced back to steal oil from the pipeline of Indian Oil Corporation (IOCL) again allegedly by damaging the pipes at Neheru Bangala road near the port town today. Following the rupture, oil made its way to the nearby Kaudia creek and fields besides spilling over to the water […]

Bhubaneswar: Amid the ongoing dispute over VAT dues between the Odisha government and Indian Oil Corporation Limited (IOCL), Union Petroleum minister Dharmendra Pradhan said that the oil company is ready to sign a new agreement in the current situation. “I have written to the Chief Minister of Odisha mentioning that the current government at Centre […]

Bhubaneswar/Paradip: With Paradip fast emerging as a major petro-chemical hub, the state government has begun an environment impact assessment of areas lying close to the industrial zone in a bid to attempt to sustain ambient surroundings. The government has laid emphasis on environment control measures as Paradip is fast striding towards massive industrialisation. With the […]

Bhubaneswar: Union Petroleum minister Dharmendra Pradhan on Friday pinned hopes that the VAT dispute between the Odisha government and Indian Oil Corporation Limited (IOCL) pertaining to latter’s refinery project in Paradip is settled amicably through mutual discussions. Urging the Odisha government to keep interests of the people of the State in mind, Pradhan said he […]

Cuttack: In a major setback to Odisha government, the Orissa High Court has ordered to keep in abeyance the demand notice that it had issued to Indian Oil Corporation Ltd (IOCL) to recover pending taxes to the tune of Rs 1,485 cr. As per the order, no action can be taken on the matter till […]

Bhubaneswar: In reply to the statements of Union Petroleum Minister Dharmendra Pradhan alleging the Odisha Government has violated the agreement signed in between Indian Oil Corporation Limited (IOCL) and the State, BJD spokesperson Pratap Keshari Deb on Sunday said the charges made by Pradhan as well as the facts presented by him are false while […]

Bhubaneswar: After the Odisha government informed that it has withdrawn interest-free loans to Indian Oil Corporation Limited’s (IOCL) Paradip Refinery project, political bickering ensued with the ruling-BJD claiming to be safeguarding the interest of State while the BJP’s state unit alleged that the state government’s intolerance towards Union Petroleum ministry, Dharmendra Pradhan. The withdrawal of […]

Bhubaneswar: The Odisha finance minister Pradeep Kumar Amat informed the Odisha Assembly that the State government has withdrawn the incentive in the form of interest-free loans to Indian Oil Corporation Limited’s (IOCL) Paradeep Refinery project. Also Read: Odisha to lose over Rs 2,000 cr on tax deferment to IOCL The agreement for interest-free loans which […]