A defining chapter in India's energy story! #Throwback to when Mr B Arora, #IndianOil Company’s first MD, opened the valve for the unloading of the inaugural red oil cargo. On 17 August 1960, the Soviet tanker MV Uzhgorod delivered 11,390 tonnes of diesel to Mumbai’s Pir Pau jetty, marking IndianOil’s bold entry into the petroleum market. IndianOil's foray into the industry, compelled foreign oil majors to reduce the price of diesel for bulk users by as much as Rs. 8.80 to Rs. 35.00 per kl! #ThrowbackThursday #Throwback #IndianOil #ThrowbackThursday