Indian Oil Corporation (IndianOil) is India's flagship national oil company with business interests straddling the entire hydrocarbon value-chain – from refining, pipeline  transportation and marketing of petroleum products to exploration & production of crude oil & gas, marketing of natural gas and petrochemicals, besides forays into alternative energy and globalisation of downstream operations. It is the leading Indian corporate in Fortune's prestigious 'Global 500' listing of the world's largest corporates, ranked at the 96th position in the year 2014. Having set up subsidiaries in Sri Lanka, Mauritius and the UAE, IndianOil is simultaneously scouting for new business opportunities in the energy markets of Asia and Africa.

With a 34,000-strong work-force, IndianOil has been helping meet India’s energy demands for over half a century. With a corporate vision to be 'The Energy of India,' the Corporation closed the year 2013-14 with a sales turnover of Rs. 4,57,553 crore (US$ 75.6 Billion) and profits of Rs 7,019 crore.
Reach and Network

IndianOil and its subsidiary CPCL(Chennai Petroleum Corporation Ltd.) account for over 49% of India's petroleum products market share, 31% national refining capacity, and 71% downstream sector pipelines through capacity.

The IndianOil Group owns and operates 10 of India's 22 refineries with a combined refining capacity of 65.7 MMTPA (million metric tonnes per annum), i.e., approx. 1.31 million barrels per day.

The Corporation's cross-country pipelines network, for transportation of crude oil and finished products, spans 11,214 km, with a throughput capacity of 77.26 MMTPA for crude oil and petroleum products and 10 MMSCMD for gas. This network is the largest in the country and meets the vital energy needs of the consumers in an efficient, economical and environment-friendly manner.
The Corporation has a portfolio of powerful and much-loved energy brands that includes Indane LPG cooking gas, SERVO lubricants, XTRAPREMIUM petrol, XTRAMILE diesel, PROPEL petrochemicals, etc. Besides IndianOil, both SERVO and Indane have earned the coveted Superbrand status.

IndianOil's network of 42,000 customer touch-points spread across urban and rural India reach petroleum products to every nook and corner of the country. These include over 24,500 petrol & diesel stations, including over 6,300 Kisan Seva Kendra outlets (KSKs) in the rural markets. They are backed for supplies by 135 bulk storage terminals and depots, 98 aviation fuel stations and 90 LPG bottling plants.

Indane LPG cooking gas reaches the doorsteps of 8.95 crore households in about 3,264 markets through a network of 7,988 distributors. Over 6,300 dedicated pumps are also in operation for the convenience of large-volume consumers like the defence services, railways and state transport undertakings, ensuring products and inventory at their doorstep.
IndianOil's Aviation Service commands a 63% market share in aviation fuel business, serving national and international flag carriers, private airlines and the Indian defence services. The Corporation also has a 65% share of the bulk lubricant business in consumer, industrial, agricultural and marine sectors.

The Corporation is currently investing Rs. 47,000 crore in a host of projects for augmenting its refining and pipelines capacities, expansion of marketing infrastructure, and product quality upgradation.
Innovation is key

IndianOil's sprawling R&D Centre at Faridabad near Delhi is perhaps Asia's finest. It has won recognition for its pioneering work in lubricants formulation, refinery processes, pipeline transportation and alternative fuels. The Centre holds 384 active patents, with over 233 international patents.
Redefining the horizon

IndianOil is the second largest player in the domestic petrochemicals market, besides exports to over 60 countries. The Corporation made its big-ticket entry into petrochemicals with the commissioning of the country's largest Linear Alkyl Benzene (LAB, used in the production of detergents) plant at its Koyali Refinery in August 2004. An integrated Paraxylene/Purified Terephthalic Acid (PX/PTA) complex came up at Panipat in Haryana in 2006. The PTA plant is the single largest unit in India, with a world-scale capacity of 5,53,000 MTPA, and produces polyester intermediates. A world-class Naphtha Cracker with downstream polymer units, set up at Panipat in 2010, is the largest operating cracker capacity in India producing polymer (plastics) intermediates.  The Corporation offers a full slate of petrochemical products and intermediates covering all the major segments of petrochemicals under the brand name PROPEL.

IExploration & Production, IndianOil has participating interest in 13 domestic and nine overseas blocks. Out of the 13 domestic blocks, IndianOil is operator with 100% participating interest in 2 onshore exploration blocks in Cambay basin. In the remaining 11 domestic blocks, IndianOil holds a non-operating participating interest ranging between 20% to 43.5%. These blocks are located in seven countries, namely, Libya, Gabon, Nigeria, Yemen, Venezuela, Canada and USA.

IndianOil entered natural gas marketing business in 2004. Since then, by leveraging its inherent strengths and countrywide reach, the Corporation has significantly enhanced its customer base and clocked total sales of 3.40 MMT in 2014-15. As co-promoter of Petronet LNG Ltd. (PLL) for setting up LNG (Liquefied Natural Gas) terminals at Dahej & Kochi, IndianOil has marketing rights for 30% of the LNG procured by PLL. It is also in the process of sourcing more quantities of LNG to meet the increasing domestic requirements and is setting up a 5 MMTPA LNG import terminal at Ennore near Chennai.

Green Gas Ltd., IndianOil's joint venture with GAIL (India) Ltd., is already operational in Agra and Lucknow. Furthermore, in consortium with Gujarat Gas, HPCL and BPCL, IndianOil has won gas pipeline bids for Mallavaram to Bhilwara and Vijaypur via Bhopal, Mehsana to Bhatinda and Bhatinda to Jammu and Srinagar. IndianOil has formed a consortium with M/s Adani Gas Ltd. to develop city gas distribution networks on pan-India basis.

Alternative fuels

IndianOil is fervently working on broadening its energy basket with alternative energy options such as wind, solar, bio-fuels and nuclear power.

Wind power systems to the tune of 69.3 MW have been installed in States of Gujarat and Andhra Pradesh. A 5 MW grid-connected Solar Power Plant at Rawra, Rajasthan, is operational since 2012. Solar power systems of about 900 kW have also been installed at various IndianOil installations and offices across the country. Steps are underway to set up additional 200 MW of wind power and 60 MW of solar power systems.

A major initiative to solarise retail outlets has gained importance in reducing carbon emissions. About 2600 Retail Outlets in rural and urban areas have already been solarised. To reduce carbon soot generated by the use of kerosene lamp in households, over 1.4 lakh solar lanterns have been sold through the IndianOil retail network.

IndianOil has the largest captive plantation – covering 8000 hectares – for bio-fuel production in India in the States of Chhattisgarh, Madhya Pradesh and Uttar Pradesh. To straddle the complete bio-fuel value chain, IndianOil has formed two joint ventures, IndianOil CREDA Biofuels Ltd. and IndianOil Ruchi Biofuels LLP. Currently, the possibilities of ethanol production from lignocellulosic sources are being actively explored.

IndianOil. The Energy of India

With facilities at multiple locations and ever-expanding market opportunities, IndianOil is poised to become an integrated energy company. As the flagship public sector enterprise of India, IndianOil has also successfully combined its corporate social responsibility agenda with its business offerings, meeting the energy needs of millions of people every day, across the country.
Updated on May 20, 2015
B. Ashok
Sanjiv Singh
Director (Refineries)
Debasis Sen
Director (P&BD)
A.K. Sharma
Director (Finance)
Verghese Cherian
Director (HR)
Anish Aggarwal
Director (Pipelines)
Dr S C Khuntia
Special Secretary & Financial Adviser
Ministry of Petroleum & Natural Gas
Ms. Shyamala Gopinath
Former Deputy Governor of
Reserve Bank of India
Shyam Saran
Former Foreign Secretary
Govt. of India
Prof. Devang Khakhar
Indian Institute of Technology,

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