But IOC thinks Essar refinery is waste of money... Vol 6, PW 21 (18 Dec 02) Midstream, Downstream, Renewables ESSAR WILL HAVE to try much harder to convince IOC. We understand IOC is distinctly unimpressed and sees no value in Ruia's proposal. ... Buy this article forRs590 $9 For a 30-article or annual subscription rates click here RelatedL&T bids lowest for IOC bio-ethanol EPCM job (03 May 18) ESSAR: Spy pigeon scare ahead of Rosneft talks (09 Apr 15) Cash crunch hits PSL pipe supplies to IOC (24 Jan 13) Three more months before IOC sees Paradip money (04 Sep 08) Essar to supply LPG through Jamnagar-to-Loni pipeline (07 Aug 08) Mixed response to DGH plans to audit PSCs (02 Jul 03) Essar wants IOC rescue package for Vadinar refinery (18 Dec 02) Indian Oil says 'no' to equity in Essar refinery (14 Aug 02) Industry thinks Essar refinery has no value (08 Dec 99)