NEW DELHI — Energy public sector undertaking Indian Oil Corporation Limited (IOCL) has issued a domestic contract worth ₹18.51 crore to Expo Engineering and Projects Ltd for specialized tank maintenance in Gujarat.
The order was officially bagged on August 10, 2026, falling under the operational jurisdiction of IOCL’s Western Region Pipelines (WRPL) division in Rajkot.
Key Contract Highlights
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Appointed Contractor: Expo Engineering and Projects Ltd (formerly known as Expo Gas Containers Ltd).
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Project Location: Viramgam crude oil terminal, Gujarat.
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Work Scope: Maintenance and Inspection (M&I) operations for crude oil storage tank W-08.
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Financial Considerations: Total value stands at ₹18,51,28,481.44 (inclusive of 18% GST).
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Execution Period: 11 months following official site handover by the Engineer-in-Charge.
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Regulatory Reporting: Disclosed to stock exchanges under Regulation 30 of SEBI (LODR) Regulations; confirmed as a standard non-related-party transaction.
