| Name of JV |
Date of Incorporation |
Promoters & Equity |
Area(s) of Operation |
| Avi - Oil India Limited |
04.11.1993 |
IOC: 25%
Balmer Lawrie: 25%
NYCO SA,
France: 50% |
To blend, manufacture and sell synthetic, semi synthetic and mineral based lubricating oils, greases and hydraulic fluids, related products and specialities for Defence and Civil Aviation uses. |
| Indian Oiltanking Limited |
28.08.1996 |
IOC: 50%
Oiltanking GmbH: 50% |
To build and operate terminalling services for petroleum products. |
| Lubrizol India Private Limited |
01.04.2000 |
IOC: 50%
Lubrizol Corp, USA: 50% |
To manufacture and market chemicals for use as additives in fuels, lubricants and greases. |
| IndianOil Petronas Private Limited |
03.12.1998 |
IOC: 50%
Petronas, Malaysia: 50% |
To construct and import facilities for LPG import at Haldia and to engage in parallel marketing of LPG. |
| Petronet LNG Limited |
02.04.1998 |
IOC, BPC, GAIL,ONGC: 12.5% each,Gaz de France International :10%, Asian Development Bank :5%,Public Issue : 35% |
Development of facilities for import and regasification of LNG at Dahej and Kochi. |
| Petronet India Limited (PIL) |
26.05.1997 |
IOC, BPC, HPC:16% each, RPL, IL&FS, ICICI, SBI, EOL: 10% each,IBP: 02% |
To implement Petroleum Products, Pipeline projects through Special Purpose Vehicles. |
| Petronet VK Limited |
21.05.1998 |
IOC, PIL: 26% each, RPL, EOL: 13% each,SBI, KPT, GIIC,IL&FS: 05% each,CB: 02% |
To construct and operate a pipeline for transportation of petroleum products from Vadinar to Kandla. |
| Green Gas Ltd. |
07.10.2005 |
IOC: 22.5% GAIL: 22.5% IDFC:20% IL&FS: 20% Others: 10% UP State Govt.:5% |
City gas distribution in Lucknow and Agra. |
| Indo Cat Pvt. Limited |
01.06.2006 |
IOC: 50% USA: 50% |
Manufacture & marketing of FCC catalysts and additives. |
| IndianOil Sky Tanking Limited |
21.08.2006 |
IOC: 33.33% IOTL: 33.33% Skytanking GmbH, Germany: 33.33% |
Design, finance, construct, operate & maintain aviation fuel facility projects. |
| BPCL - Bharat Petroleum Corporation Ltd.; EOL - Essar Oil Ltd.; GAIL - GAIL (India) Ltd.; HPCL - Hindustan Petroleum Corporation Ltd.; IL&FS - Infrastructure Leasing & Financial Services Ltd.; IOC - IndianOil Corporation Ltd.; KPT - Kandla Port Trust; ONGC - Oil & Natural gas Corporation Ltd.; PIL - Petronet India Ltd.; RPL - Reliance Petroleum Ltd.; SBI - State Bank of India; GIIC - Gujarat Industry Investment Corporation; CB - Canara Bank; UP State Govt - Uttar Pradesh State Government; IDFC-- Indian Development Finance Corporation. |