New Delhi: Rourkela Steel Plant (RSP), under the Steel Authority of India Limited (SAIL), has signed a Memorandum of Understanding with Indian Oil Corporation Limited (IOCL) for the supply of High Speed Diesel (HSD) and Motor Spirit (MS).
The agreement, in effect from 01 October 2026, will remain valid for a period of three years, with an option to extend it by one additional year.
The MoU was signed by T Vinod, CGM (Materials Management), on behalf of RSP, and Prakash Bharati, Divisional Institutional Business Head, Sambalpur Division, on behalf of Indian Oil. The MoU was signed in the presence of senior officials from both sides.
The partnership aims to foster the long-standing relationship between RSP and IOCL by ensuring reliable and uninterrupted supply of petroleum needs as required by the steel plant.
About Rourkela Steel Plant
Established in 1959 at Rourkela, Sundargarh District, Odisha, the Rourkela Steel Plant is the first public-sector integrated steel plant of India, operated by the Steel Authority of India Limited. It has a capacity of about 4.5 million tonnes per annum (MTPA) of hot metal and 4.2 MTPA of crude steel.
