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With the third lockdown across India approaching an end, Indian oil and gas giant IndianOil has resumed operations with refineries functioning at 60% capacity.
With demand for petroleum products gradually picking up, the company hopes to increase operations to 80% by May’s end.
IndianOil has also restarted production at its petrochemical plants across the country.
The Covid-19 imposed lockdown brought operations down to nearly 45% due to social distancing measures stopping work and a dip in petroleum demand.
Plastic packaging industries, medical supply chains and food packaging operations are now expected to resume production – as a response measure, IndianOil has opened its Polypropylene plant in Panipat, in the Indian state of Bihar.
