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Proposed merger of OIL, IOCL opposed

By Staff Reporter
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GUWAHATI, Aug 13 - The North Eastern Region Oil Workers� Co-ordination Committee (NEROWCC) has written to Prime Minister Narendra Modi opposing the proposed merger of the Oil India Limited (OIL), Duliajan, with the Indian Oil Corporation Limited (IOCL), New Delhi.

�OIL is an upstream industry belonging to Navaratna companies, which is based in Assam, and IOCL is a downstream Maharatna company. Both the companies might suffer due to this merger,� the organisation argued.

The NEROWCC further opposed the merger of HPCL with ONGC and GAIL with BCPL and asked the Prime Minister to stop the proposed mergers.

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Proposed merger of OIL, IOCL opposed

GUWAHATI, Aug 13 - The North Eastern Region Oil Workers� Co-ordination Committee (NEROWCC) has written to Prime Minister Narendra Modi opposing the proposed merger of the Oil India Limited (OIL), Duliajan, with the Indian Oil Corporation Limited (IOCL), New Delhi.

�OIL is an upstream industry belonging to Navaratna companies, which is based in Assam, and IOCL is a downstream Maharatna company. Both the companies might suffer due to this merger,� the organisation argued.

The NEROWCC further opposed the merger of HPCL with ONGC and GAIL with BCPL and asked the Prime Minister to stop the proposed mergers.

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