Towards A Better Tomorrow
Economic development alone is no longer viewed as a strategy for poverty reduction and well being of society. It is recognised that a society’s economic goals are intricately intertwined with its social and environmental goals. This realisation is also the guiding force behind IndianOil’s commitment to build a strong sustainable business that is firmly rooted in the community and demonstrates concern for the environment.
Triple Bottom Line
IndianOil’s foray into renewable energy is aimed not only towards diversification of its energy portfolio but also for alleviating energy poverty and improving energy access at the ‘base of the pyramid’ in India. Efforts are being made to improve resource efficiency in operations, especially for key resources like energy and water and adopt the “3-R” (Reduce, Recycle and Reuse) philosophy for all types of wastes towards prevention of pollution and disposal of wastes in line with regulatory requirements or beyond industry best practices.The Corporation has also framed comprehensive policy for implementation of LED lighting in place of conventional lighting across all refineries, office buildings, townships, installations & fuel stations by the year 2017.
IndianOil’s environmental objective is to
Green auto fuels, energy efficient technologies, shifting equilibrium of market dynamics towards rural communities besides tapping alternative energy sources are some of the steps that are in progress in the Corporation. The significant milestones in the journey are:
- Reduce its carbon footprint
- Become water positive
- Manage waste responsibly
Solar Energy (Grid):
IndianOil's grid-connected solar photo voltaic (PV) project of 5-MW capacity at Rawra in Rajasthan generated 7.6 million units of renewable electricity, resulting in carbon emission reduction of 6.2 TMTCO2e during 2015-16.
As part of a policy to promote solar power in day-to-day operations by setting up solar PV plants on rooftops of buildings and on surplus land, 1.7 MW of solar PV has been installed across various refineries, installations and office buildings of the Corporation with a total annual generation capacity of 1.7 million units and annual carbon emission reduction potential of 1.3 TMTCO2e.
Wind Energy: Power generation from IndianOil's wind-power projects at Kutch (21-MW) in Gujarat and Vajrakarur & Gandikota (48.3-MW) in Andhra Pradesh reached 124 million units (kWh) during the year, which corresponds to an emission reduction of 102 TMTCO2e (thousand metric tonnes carbon-dioxide equivalent).
Nuclear Energy: IIndianOil has set up a JV company with Nuclear Power Corporation of India Ltd. to put up a 2 X 700 MW nuclear power plant at Rawatbhata, Rajasthan with Pressurised Heavy Water Based Reactor (PHWR) technology . The project is scheduled to be completed by 2017.
Biofuels: IndianOil and Chhattisgarh Renewable Energy Development Authority (CREDA) have formed a JV called the IndianOil-CREDA Biofuels Ltd. and undertaken nearly 6000 ha plantations of Jatropha curcas in different districts of Chhattisgarh. In the year 2009, a pilot Jatropha plantation project on revenue wasteland in Jhabua district of Madhya Pradesh was taken up and about 300 ha has been planted. The projects at Chhattisgarh and Madhya Pradesh have generated more than 3.5 lakh mandays of rural employment.
The IndianOil-Ruchi Biofuels LLP has been formed with Ruchi Soya Industries Ltd. under the P4 model (Public-Private-Panchayat Partnership) to set up Biodiesel value chain with MNREGS funding for Jatropha curcas plantation in Uttar Pradesh. The LLP has completed about 1700 Ha of plantation in five districts of UP.
Other initiatives include -
Retail Outlet solarisation:Solar Photovoltaic systems are being installed at retail outlets to minimize the use of diesel generators for dispensing units and lighting loads, thereby reducing carbon emissions. Solar Photovoltaic systems are being installed at retail outlets to minimize the use of diesel generators for dispensing units and lighting loads, thereby reducing carbon emissions. In 2015-16, Solar PV power generation systems were installed at about 4,200 fuel stations, including Kisan Seva Kendra outlets, with a cumulative installed capacity of about 15MW.
Ecological Footprinting : An ‘as is’ exercise is currently on to assess the ecological footprint of IndianOil’s operations in terms of carbon emissions, water use and waste generation.
Carbon Neutrality:IndianOil is conscious of its carbon footprints and constantly endeavours to make all its major events/workshops/seminars/conferences carbon neutral. To serve as carbon sinks, IndianOil has developed green belts with a tree cover numbering 2 million at its various installations, adding about 50,000 saplings during 2015-16.
Rainwater Harvesting: Keeping in view the fact that water is an invaluable resource, IndianOil has been taking up rainwater harvesting projects at several of its locations. IndianOil installed 66 rain-water harvesting systems in 2015-16. Cumulatively, the Corporation now has 505 rain-water systems with an annual harvesting capacity of about 2.9 billion litres, covering a combined catchment area of 950 hectares.
Eco-friendly utilization of organic waste: In order to dispose of kitchen/horticultural organic waste in an environmentally-friendly manner, the use of Organic Waste Converters is being promoted at locations.
Solar lanterns:With over 50% of India’s population not having access to electricity, IndianOil is striving to provide basic energy solutions to the ‘base of the pyramid’ by distributing solar lanterns through its extensive retail network and Kisan Sewa Kendras spread across the country. The Corporation sold more than 3,60,000 solar lanterns in small towns, semi-urban and rural areas through its retail network in 2015-16.
Awareness Generation programmes: With a view to ingrain sustainability in the DNA of every employee of the Corporation, regular workshops and training programmes are organised to generate awareness about sustainability issues.