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    You are at:Home » Pollution Board Fines IOC, BPCL

    Pollution Board Fines IOC, BPCL

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    By Amit Bhanot on October 23, 2023 PSU

    PTI

    Central Pollution Control Board (CPCB) has fined state-owned Indian Oil Corporation (IOC) and Bharat Petroleum Corporation Ltd (BPCL) for not installing pollution control devices at their petrol pumps.

    IOC has been fined Rs 1 crore and BPCL Rs 2 crore, the two firms said in separate stock exchange filings.

    “The company has received a direction from CPCB to pay compensation of Rs 1 crore for non-installation of Vapour Recovery Systems (VRS) at retail outlets in National Capital Region (NCR),” IOC said adding the fine was for not installing VRS at petrol refuelling stations within the timeline prescribed by the Supreme Court.

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    Amit Bhanot

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