FINANCIAL CHRONICLE™
Dear Reader,

Registration with the Sri Lanka FINANCIAL CHRONICLE™️ would enable you to enjoy an array of other services such as Member Rankings, User Groups, Own Posts & Profile, Exclusive Research, Live Chat Box etc..

All information contained in this forum is subject to Disclaimer Notice published.


Thank You
FINANCIAL CHRONICLE™️
www.srilankachronicle.com


Join the forum, it's quick and easy

FINANCIAL CHRONICLE™
Dear Reader,

Registration with the Sri Lanka FINANCIAL CHRONICLE™️ would enable you to enjoy an array of other services such as Member Rankings, User Groups, Own Posts & Profile, Exclusive Research, Live Chat Box etc..

All information contained in this forum is subject to Disclaimer Notice published.


Thank You
FINANCIAL CHRONICLE™️
www.srilankachronicle.com
FINANCIAL CHRONICLE™
Would you like to react to this message? Create an account in a few clicks or log in to continue.
FINANCIAL CHRONICLE™

Encyclopedia of Latest news, reviews, discussions and analysis of stock market and investment opportunities in Sri Lanka

Click Link to get instant AI answers to all business queries.
Click Link to find latest Economic Outlook of Sri Lanka
Click Link to view latest Research and Analysis of the key Sectors and Industries of Sri Lanka
Worried about Paying Taxes? Click Link to find answers to all your Tax related matters
Do you have a legal issues? Find instant answers to all Sri Lanka Legal queries. Click Link
Latest images

Latest topics

» LOLC FINANCE PLC (LOFC.N0000)
by Equity Win Today at 2:17 pm

» SRI LANKA TELECOM PLC (SLTL.N0000)
by sureshot Today at 7:42 am

» Construction Sector Boom with Purchasing manager's indices
by rukshan1234 Yesterday at 11:24 pm

» Asha Securities and Asia Securities Target AEL (Access Enginnering PLC )
by Anushka Perz Wed Apr 17, 2024 10:30 pm

» Sri Lanka: China EXIM Bank Debt Moratorium to End in April 2024
by DeepFreakingValue Tue Apr 16, 2024 11:22 pm

» Uncertainty over impending elections could risk Lanka’s economic recovery: ADB
by God Father Tue Apr 16, 2024 2:47 pm

» Sri Lanka's Debt Restructuring Hits Roadblock with Bondholders
by God Father Tue Apr 16, 2024 2:42 pm

» BROWN'S INVESTMENTS SHOULD CONSIDER BUYING BITCOIN
by ADVENTUS Mon Apr 15, 2024 12:48 pm

» Bank run leading the way in 2024
by bkasun Sun Apr 14, 2024 3:21 pm

» ACCESS ENGINEERING PLC (AEL) Will pass IPO Price of Rs 25 ?????
by blindhog Thu Apr 11, 2024 10:44 am

» ASPI: Undoing GR/Covid19!
by DeepFreakingValue Thu Apr 11, 2024 10:25 am

» Learn CSE Rules and Regulations with the help of AI Assistant
by ChatGPT Tue Apr 09, 2024 7:47 am

» Top AI tools in Sri Lanka
by ChatGPT Tue Apr 09, 2024 7:21 am

» HDFC- Best ever profit reported in 2023
by ApolloCSE Mon Apr 08, 2024 12:43 pm

» WAPO 200% UP
by LAMDA Sun Apr 07, 2024 10:41 pm

» KEGALLE PLANTATIONS PLC (KGAL.N0000)
by DeepFreakingValue Fri Apr 05, 2024 2:04 pm

» ARPICO INSURANCE PLC - Reports LKR 625mn loss for the FY2023
by DeepFreakingValue Fri Apr 05, 2024 12:58 pm

» EXTERMINATORS PLC (EXT.N0000)
by ErangaDS Fri Apr 05, 2024 10:59 am

» ALLIANCE FINANCE COMPANY PLC (ALLI.N0000)
by SL-INVESTOR Fri Apr 05, 2024 8:29 am

» PEOPLE'S INSURANCE PLC (PINS.N0000)
by Anushka Perz Thu Apr 04, 2024 9:50 pm

» PINS (People's Insurance) will be another UAL
by sakuni Thu Apr 04, 2024 8:22 pm

» A New Record Price for One Tonne of Cocoa on the International Market
by ResearchMan Thu Apr 04, 2024 2:03 pm

» Access Engineering awarded two more contract packages at Colombo Port
by samansilva Thu Apr 04, 2024 12:05 pm

» FMCG Sector LMF, MEL and DIST
by buwr Thu Apr 04, 2024 9:35 am

» CEYLON GUARDIAN INVESTMENT TRUST PLC (GUAR)
by soileconomy Thu Apr 04, 2024 3:00 am

LISTED COMPANIES

Submit Post
ශ්‍රී ලංකා මූල්‍ය වංශකථාව - සිංහල
Submit Post


CONATCT US


Send your suggestions and comments

* - required fields

Read FINANCIAL CHRONICLE™ Disclaimer



EXPERT CHRONICLE™

ECONOMIC CHRONICLE

GROSS DOMESTIC PRODUCT (GDP)



CHRONICLE™ YouTube

Disclaimer
FINANCIAL CHRONICLE™ Disclaimer

The information contained in this FINANCIAL CHRONICLE™ have been submitted by third parties directly without any verification by us. The information available in this forum is not researched or purported to be complete description of the subject matter referred to herein. We do not under any circumstances whatsoever guarantee the accuracy and completeness information contained herein. FINANCIAL CHRONICLE™ its blogs, forums, domains, subdomains and/or its affiliates and/or its web masters, administrators or moderators shall not in any way be responsible or liable for loss or damage which any person or party may sustain or incur by relying on the contents of this report and acting directly or indirectly in any manner whatsoever. Trading or investing in stocks & commodities is a high risk activity. Any action you choose to take in the markets is totally your own responsibility, FINANCIAL CHRONICLE™ blogs, forums, domains, subdomains and/or its affiliates and/or its web masters, administrators or moderators shall not be liable for any, direct or indirect, consequential or incidental damages or loss arising out of the use of this information. The information on this website is neither an offer to sell nor solicitation to buy any of the securities mentioned herein. The writers may or may not be trading in the securities mentioned.

Further the writers and users shall not induce or attempt to induce another person to trade in securities using this platform (a) by making or publishing any statement or by making any forecast that he knows to be misleading, false or deceptive; (b) by any dishonest concealment of material facts; (c) by the reckless making or publishing, dishonestly or otherwise of any statement or forecast that is misleading, false or deceptive; or (d) by recording or storing in, or by means of, any mechanical, electronic or other device, information that he knows to be false or misleading in a material particular. Any action writers and users take in respect of (a),(b),(c) and (d) above shall be their own responsibility, FINANCIAL CHRONICLE™ its blogs, forums, domains, subdomains and/or its affiliates and/or its web masters, administrators or moderators shall not be liable for any, direct or indirect, consequential or incidental violation of securities laws of any country, damages or loss arising out of the use of this information.


AI Live Chat

You are not connected. Please login or register

Indian Oil celebrates first decade of operations in Sri Lanka

Go down  Message [Page 1 of 1]

Malika1990

Malika1990
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics

Lanka IOC PLC is celebrating the 10th anniversary of its operations in Sri Lanka today (29) launching a series of social service projects under the theme ‘We Care’.
To commemorate the tenth anniversary, two simultaneous blood donation camps will be held this morning both at its head office at the World Trade Centre in Colombo and also at the Trincomalee Oil Terminal where more than 250 people including staff, well wishers and business associates are expected to donate their blood. It is expected that the members of the three armed forces will also join in this noble cause at Trincomalee.
Lanka IOC Managing Director Subodh Dakwale will lead the blood donation campaign in Colombo while Senior Vice President S. Pradeep will similarly take the lead in Trincomalee.
As a socially responsible corporate Lanka IOC has planned various other activities during the year such as a massive tree plantation drive across the country, donation of wheel chairs to the elders home etc. Apart from this LIOC has also planned to donate a fully equipped ambulance to the poor and underprivileged.
The planting of a large number of saplings has been planned in a year-long activity which will start in the first week of September with the planting of about 1000 trees in the Bio Diversity Park behind the Parliament in Sri Jayawardenepura Kotte.
Enhancing the environment has always got top billing in Lanka IOC PLC’s social service initiatives. Taking responsibility for the impact of its activities – directly or indirectly – on the environment, earlier this year it addressed the issue of global warming by encouraging, educating and engaging 1500 school children from 72 schools in the ‘Go Green’ project.
Conducted in co-ordination with the Ministry of Environment and Natural Resources and the Department of Education, this was Lanka IOC PLC’s first CSR project and took place over 2010 and 2011, covering most parts of Sri Lanka.
“It is both with a sense of pride and satisfaction that we at Lanka IOC PLC look back at 10 successful years in Sri Lanka. During this period we have grown our operations exponentially and have made significant progress with the active co-operation of the Government and the people of Sri Lanka. It gives us a deep sense of humility and fulfilment to celebrate this important anniversary by giving back to society and thereby enriching the communities we work in. This is part of our objective of sustainable development,” said Dakwale.
“We consciously chose to be part of the Bio-Diversity Park and thereby contribute towards making the environment a cleaner place. Petroleum is the essential source of energy for any country but it also impacts the environment, we thus want to mitigate the adverse effects to the society by planting as many trees as possible. In fact our target is to facilitate the planting of 10,000 trees before the end of this 10th anniversary year,” Dakwale added.
After the incorporation of Lanka IOC in August 2002, the company carved a niche for itself in petroleum marketing by creating value for all its customers without compromising on quality and quantity. The company has made an investment of over $ 100 million in its retail network and has refurbished and upgraded the petrol sheds to world standards.
Ever since it took over operations of the China Bay tank farm ten years ago, Lanka IOC has made significant investments in developing the tank farm with a total investment of nearly $12 million for improving facilities for fuel handling and operations, modernising old storage tanks and building new ones, strengthening the jetty and construction of a lube blending plant of 18000 MTPA capacity. The company is also investing $17 million in the upper tank farm for creating a bitumen handling facility for which preliminary work has already started.
http://www.ft.lk/2012/08/29/indian-oil-celebrates-first-decade-of-operations-in-sri-lanka/

Back to top  Message [Page 1 of 1]

Permissions in this forum:
You cannot reply to topics in this forum