(PTI)
Indian Oil Corp and Bharat Petroleum Corp Ltd are among the state-owned oil PSUs which on Tuesday resumed work on select projects after the government allowed partial relaxation in the nationwide lockdown.
In separate statements, Indian Oil Corp (IOC) and BPCL said they have resumed stalled activities on projects while maintaining strict cronovirus-related health and safety hygiene. State-owned oil firms have decided to resume as many as 511 projects involving over Rs 42,000 crore of investment with immediate effect. These projects are either in rural areas or have in situ labour for the resumption of work.
The government had last week allowed makers of information technology hardware, farmers and industries in rural areas to resume operations as it looked to revive the economy that got stalled because of the outbreak of coronavirus pandemic.
