POCL meaning in Business ?
Answer: What is Padma Oil Company Limited mean?
The Padma Oil Company Limited (Bengali: পদ্মা অয়েল কোম্পানী লিমিটেড) formerly known as Burmah Eastern Limited, is a subsidiary of Bangladesh Petroleum Corporation (BPC), a statutory organization of the government under the Ministry of Power, Energy, and Mineral Resources (Bengali: বিদ্যুৎ, জ্বালানি ও খনিজ সম্পদ মন্ত্রণালয়). It is registered with the joint-stock company as a public limited company under the Company Act 1913. The company's vision is to ensure energy security in Bangladesh through the uninterrupted supply of Petroleum products at prices fixed by the government. Additionally, Padma Oil Company seeks to increase the supply of environmentally-friendly Agrochemical products to stimulate agricultural production nationwide. The company's head office is located on Strand Road in Chittagong, officially known as Chattogram.PADMA OIL COMPANY LIMITED is located in Chittagong, Chittagong, Bangladesh and is part of the Petroleum & Petroleum Products Wholesalers Industry.
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