Question : RESTRUCTURING OF INDIAN OIL CORPORATION

(a): whether Indian Oil Corporation (IOC) is proposed to be restructured to integrate its diversified business activities including power generation and petrochemicals;

(b): if so, the details thereof;

(c): the investment plan earmarked for this purpose and source of the fund;

(d): whether IOC intends to create subsidiaries and holding companies for their diversified activities; and

(e): if so, the details thereof?

MINISTER OF STATE IN THE MINISTRY OF PETROLEUM & NATURAL GAS (SHRI SANTOSH KUMAR GANGWAR)

(a): No, Sir.

(b) & (c): Do not arise.

(d): No, Sir.

(e): Does not arise.