IOCL Signs MoU with RINL to Supply Hydraulic and Lubricating Oils and Greases
#IOCL #LubricatingOils #RINLIOCLMoU #LubricantsThis MoU between RINL and IOCL will stand as a benchmark to show how a progressive collaborative work can be taken by different industries towards Nation building.
August 2024 : RINL, the corporate entity of Visakhapatnam Steel Plant, signed a MoU with IOCL for the supply of hydraulic and lubricating oils and greases for a period of 5 years from 2024 to 2029.
The MoU documents were exchanged by AK Bagchi, Director (Projects) and additional charge Director (Operations), RINL and B. Anil Kumar, ED and State Head (TPSO-Telangana, Andhra Pradesh State office), IOCL in the august presence of R.Uday Kumar, ED(Lubes), IOCL,U. Sridhar, CGM(Works)I/c, RINL, V.V Somaraju, GM(MM) and in-charge HOD, MM, RINL, R. Sundara Narayanan, CGM (Lubes),TAPSO, IOCL GM(Lubes), NVS Murthy and GM(Lubes), TAPSO, IOCL, Jayashankar Varikkat, GM, TAPSO, IOCL and senior officials of RINL and IOCL.
Speaking on the occasion, Mr. Bagchi, said that this MoU between RINL and IOCL will stand as a benchmark to show how a progressive collaborative work can be taken by different industries towards Nation building. Mr. Bagchi thanked IOCL for developing several critical grades of Lubricants in critical and vital areas to meet the stringent operational requirements of RINL.
In his address, Mr. Uday Kumar described the signing of MoU between RINL and IOCL as a milestone and said that the long cherished association for over three decades between RINL and IOCL is due to the trust and professional excellence.
The first MoU was signed in the year 1994-95 between RINL and IOCL.
This MOU will benefit VSP to ensure uninterrupted and continuous supply of lubricants from IOCL to meet the RINL’s requirements. IOCL will provide technical support to RINL, Visakhapatnam steel plant in the field of lubrication, condition monitoring of critical and large hydraulic and lube systems, total bulk oil handling and used oil management.
IOCL will also provide training for Visakhapatnam steel plant officials in their IOCL R&D centre at Faridabad which would also help RINL to reduce lubricants consumption and to maintain optimum levels of specific lube consumption.
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