RINL, the corporate entity of Visakhapatnam Steel Plant, and Indian Oil Corporation Limited (IOCL) have signed a MoU for the supply of hydraulic and lubricating oils and greases from 2024 to 2029. The MoU was exchanged in the presence of senior officials from both organizations. Sri A.K. Bagchi, Director (Projects) and Director (Operations) at RINL, highlighted the collaboration as a benchmark in nation-building through industrial partnership. Sri R. Uday Kumar, ED (Lubes) at IOCL, described the agreement as a “Milestone day,” celebrating the three-decade-long association between the companies. The MoU ensures uninterrupted lubricant supply to RINL, along with technical support, condition monitoring, and training to optimize lubricant use and efficiency.
RINL and IOCL Sign MoU for Lubricants Supply
