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IOC signs MoU with Punjab’s Cooperation Department to open retail outlets

Indian Oil Corporation (IOC) has signed a Memorandum of Understanding (MoU) with Punjab’s Cooperation Department. Under the MoU, the company will open its retail outlets on empty spaces available with cooperative institutions. The decision will help farmers get petrol, diesel, seeds and fertilisers closer to their doorstep.

These outlets would also double up as Kisan Sewa Kendras for farmers where they would get fertilizers, seeds and agricultural implements.

IOC is the largest enterprise in the country and the foremost ranked Fortune Global 500 Company in India and has presence in the complete hydrocarbon value chain from downstream refining & marketing, pipeline transportation, Petrochemicals, E&P and Gas Marketing.

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