what are the key operations that happen in bongaigaon indian oil refinery
Answers
Explanation:
OCL, Bongaigaon Refinery or Erstwhile Bongaigaon Refinery and Petrochemicals Limited
Type
State-owned enterprise
Industry
Oil and gas
Founded
20 February 1974 (Commissioned 1979)
Headquarters
Bongaigaon, Assam, India
Products
Petroleum
Natural gas
Petrochemicals
Number of employees
1755 (31 March 2005)
Parent
IOCL
Website
www.brplindia.com
The company began with initial funds of Rs. 50 crore (Rs. 500 million), which was increased to Rs. 200 crore by December 1983. The total paid capital of the company was Rs. 199.82 crore as of 31 March 2005.
The Government of India held the entire paid-up capital of the Company until 1990-91, but sold 25.54% of its shareholding to the public during 1991-92 to 1993-94. The remaining equity of 74.46% was divested in favor of the Indian Oil Corporation Ltd. on 29 March 2001. As a result, BRPL became a subsidiary company of the Indian Oil Corporation Ltd., a Government owned corporation.[citation needed]
In 25 March 2009 BRPL merged with Indian Oil Corporation Limited (IOCL) to become its eight largest refinery and came to be