Information Manual
(Pursuant To Section 4 (1) (B) of the Right to Information Act, 2005) |
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INDIAN OIL CORPORATION LIMITED
‘IndianOil Bhavan’,
G-9, Ali Yavar Jung Marg,
Bandra(E), Mumbai-400 051. |
Contents |
| Chapter |
Particulars |
Page No. |
| Chapter-I |
Particulars of Organisation, Its Functions and Duties
|
4 |
| Chapter-II |
Powers and Duties of Officers & Workmen |
11 |
| Chapter-III |
Procedures followed in the Decision-Making Process, Including Channels of Supervision and Accountability
|
12 |
| Chapter-IV |
The Norms set for Discharge of Functions |
13 |
| Chapter-V |
The Rules, Regulations, Instructions, Manuals and Records held by the company or under its control or used by its employess for Discharge of Functions
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14 |
| Chapter-VI |
Statement of categories of Documents that are held by the company or under its control |
15 |
| Chapter-VII |
Particulars of Arrangement for consultation with the members of the public in relation to the formulation of policy or Implementation Thereof
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16 |
| Chapter-VIII |
Statement on the board & Sub Committees of the board and other committees |
17 |
| Chapter-IX |
Directory of Officers and Workmen |
18 |
| Chapter-X |
Statement of Monthly Remuneration of Officers and Workmen including the System of Compensation |
22 |
| Chapter-XI |
Budget Allocation and Expenditure |
23 |
| Chapter-XII |
Manner of Execution of Subsidy Programmes, including the Amounts Allocated and the Details of Beneficiaries of Such Programmes |
24 |
| Chapter-XIII |
Particulars of Recipients of Concessions, Permits or Authorisat- Ions granted by it |
25 |
| Chapter-XIV |
Details of Information available or held in Electronic Form |
26 |
| Chapter-XV |
Procedure For Seeking Information From Indianoil
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27 |
| Chapter-XVI |
Names, Designation and other particulars of Central Public Information Offficers |
28 |
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Chapter-I
Particulars of Organisation, Its Functions and Duties |
| Particulars of organisation |
| a) Date of incorporation: |
30th June, 1959 as Indian Oil Company Ltd. Upon merger with Indian Refineries Ltd. on 1.9.1964, name of the company was changed to Indian Oil Corporation Ltd. |
| b) Type of Company |
Government Company under Section 617 of the Companies Act, 1956. |
| c) Administrative Ministry |
Ministry of Petroleum & Natural Gas, Government of India. |
| d) Details of Disinvestments |
The Govt. of India was holding the entire Paid- up Share Capital of the Company till 1994-95. The Govt. of India disinvested about 9% of its holding in the company in favour of Banks, Mutual funds, Financial Institutions and Employees of the Company during 1994-95.
In the year 1999, the Govt. of India further disinvested 10% of its holding in the Company in favour of ONGC Ltd. which is a Govt. Company. |
| e) Shareholding Pattern |
To view the shareholding pattern of the company under major shareholder categories, click here
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| f) Listing with Stock Exchanges |
The equity shares of the Company are presently listed with the following stock exchanges:-
i) ) Bombay Stock Exchange (BSE) , Mumbai
ii) The National Stock Exchange of India Ltd. (NSE) |
| g) Share Capital |
i) i) Authorised : Rs.2500.00 crores
ii) Subscribed, issued & paid-up : Rs.1213.97 crores |
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(A) Corporate Mission:
IndianOil nurtures the core values of Care, Innovation, Passion & Trust across the organization in order the deliver value to its stakeholders. Company setting high standards for ethics and value, people leading with passion to excel, Pioneering the Sprit of creativity and research, caring for the environment and community, harnessing frontier technology and Fostering relationships for life time.
(B) Business Operations :
Refineries
IndianOil group of companies owns and operates 10 out of India’s 22 refineries with a combined refining capacity of 65.7 million metric tonnes per annum (MMTPA, .i.e. 1.30 million barrels per day approx.).
IndianOil refineries process all major indigenous crude oil plus over 36 types of imported crude oil, from which it produces more than 60 types of petroleum products, ranging from light distillates, such as LPG, naphtha and motor spirit, to heavy ends, such as furnace oil and low sulphur heavy stock. The flexibility of processing capability allows IndianOil to vary both its crude oil inputs and petroleum product outputs to achieve the company’s desired production mix. To meet the growing domestic demand for middle distillate products, such as HSD and superior kerosene oil, IndianOil has invested in secondary processing facilities to produce these higher value added products.
IndianOil refineries are fully equipped to meet the current environmental norms in relation to product specifications in the country and are being constantly modernized and upgraded to be able to meet all future environment regulatory requirements.
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Pipelines
Indian Oil Corporation owns and operates the largest network of crude oil and petroleum product pipelines in India. The total network of pipelines is 11,214 km with a capacity of 77.258 million metric tonnes per annum . The company’s pipelines are well positioned to supply petroleum products from its refineries and India’s ports to high demand states in northwestern India.
Marketing
IndianOil and its subsidiaries account for 49% petroleum products market share. The company distributes its products directly to bulk customers and to retail customers via a network of retail outlets and dealers/distributors.
The company’s overall distribution network encompasses over 38,000 sales points incorporating its own franchise as well as independent outlets, consumer pumps, distributors etc. the substantial majority of which are governed by dealership agreements. Products are transported to the distribution points by pipeline, ship tanker, rail tankers and road tanker trucks.
Research And Development
Established in 1972 for the development of lube as well as refining process technologies, the IndianOil R&D Centre at Faridabad has completed over 35 years of glorious service to the nation. It is one of its kind in Asia and has grown into a major technological development center of international repute in the down stream areas of lubricants, pipelines and refining processes.
Developing more than 2500 formulations over the years, it has successfully perfected the state-of-the-art lube formulation technology meeting latest national and international specifications with approvals from major original equipment manufacturers. IndianOil markets around 800 grades of lubricants under the brand name "SERVO" based on its own R&D technology and is one among the six worldwide technology holders of marine oil technology. It has extensive laboratory and pilot plant facilities to successfully pursue projects in lube, refining and pipeline areas making it a unique technology centre.
Its rich reservoir of highly qualified/ specialized scientific and technical manpower has elevated this centre to global status. Having an effective IPR portfolio of 195 patents including 48 US patents, the vibrant and innovative research at the Centre has led to many technological innovations, some of which have received prestigious national and international awards. INDMAX, i-Max, OiliVorous-S, INDETreat/INDESweet are few of them. Being the nodal agency of the hydrocarbon sector for implementation of the Hydrogen energy programmes in the country, the Centre has taken up a pilot project for developing infrastructure for fuelling neat hydrogen as well as H2-CNG blended fuel and is currently in the process of setting up a Hydrogen-CNG dispensing station at COCO retail outlet in Delhi. The Centre has also taken the lead in the development and commercialisation of biodiesel.
Exploration And Production
Vertical integration along the entire hydrocarbon value chain is a key strategy for achieving growth in the hydrocarbon business. IndianOil is attempting vertical integration through E&P initiatives to secure its own equity oil so as to safeguard its business interest against the highly volatile international oil market..
Petrochemicals
IndianOil has finalised a master plan to enter into the petrochemical product line by integrating its core refining business with petrochemical activities, predominantly utilising the streams available in various refineries.
Gas
With gas emerging as preferred fuel for the utilities sectors viz., power, fertilizers and transportations, its share in the total energy basket is expected to reach 20% by the year 2025. The company has taken several initiatives to harness these growth potentials.
Overseas- Downstream Marketing
IndianOil has successfully graduated from a product exporter to a transnational energy company with establishment of two wholly owned overseas subsidiaries, Lanka IOC PLC and IndianOil (Mauritius) Limited (IOML).
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(C) Functions & duties
Indian Oil Corporation Ltd. has been established to carry out the objectives specified in the Memorandum & Articles of Association of the Company. The main activities of IndianOil are refining, transporting and marketing of petroleum products.
Vision
A major diversified, transnational, integrated energy company, with national leadership and a strong environment conscience, playing a national role in oil security & public distribution
Objectives
- To serve the national interests in oil and related sectors in accordance and consistent with Government policies.
- To ensure maintenance of continuous and smooth supplies of petroleum products by way of crude oil refining, transportation and marketing activities and to provide appropriate assistance to consumers to conserve and use petroleum products efficiently.
- To enhance the country’s self-sufficiency in crude oil refining and build expertise in laying of crude oil and petroleum product pipelines.
- To further enhance marketing infrastructure and reseller network for providing assured service to customers throughout the country.
- To create a strong research & development base in refinery processes, product formulations, pipeline transportation and alternative fuels with a view to minimising/eliminating imports and to have next generation products.
- To optimise utilisation of refining capacity and maximise distillate yield and gross refining margin.
- To maximise utilisation of the existing facilities for improving efficiency and increasing productivity.
- To minimise fuel consumption and hydrocarbon loss in refineries and stock loss in marketing operations to effect energy conservation.
- To earn a reasonable rate of return on investment.
- To avail of all viable opportunities, both national and global, arising out of the Government of India’s policy of liberalisation and reforms.
- To achieve higher growth through mergers, acquisitions, integration and diversification by harnessing new business opportunities in oil exploration & production, petrochemicals, natural gas and downstream opportunities overseas.
- To inculcate strong ‘core values’ among the employees and continuously update skill sets for full exploitation of the new business opportunities.
- To develop operational synergies with subsidiaries and joint ventures and continuously engage across the hydrocarbon value chain for the benefit of society at large.
Obligations
To provide prompt, courteous and efficient service and quality products at competitive prices
Towards suppliers
To ensure prompt dealings with integrity, impartiality and courtesy and help promote ancillary industries.
Towards employees
- To develop their capabilities and facilitate their advancement through appropriate training and career planning.
- To have fair dealings with recognised representatives of employees in pursuance of healthy industrial relations practices and sound personnel policies.
Towards community
- To develop techno-economically viable and environment-friendly products.
- To maintain the highest standards in respect of safety, environment protection and occupational health at all production units.
Towards Defence Services
To maintain adequate supplies to Defence and other para-military services during normal as well as emergency situations.
Financial Objectives
- To ensure adequate return on the capital employed and maintain a reasonable annual dividend on equity capital.
- To ensure maximum economy in expenditure.
- To manage and operate all facilities in an efficient manner so as to generate adequate internal resources to meet revenue cost and requirements for project investment, without budgetary support.
- To develop long-term corporate plans to provide for adequate growth of the Corporation’s business.
- To reduce the cost of production of petroleum products by means of systematic cost control measures and thereby sustain market leadership through cost-competitiveness.
- To complete all planned projects within the scheduled time and approved cost.
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Chapter-II
Powers and Duties of Officers & Workmen |
The powers & duties of the officers and workmen of the Company are derived mainly from job descriptions, manuals, terms and conditions of appointment and Delegation of Authorities enunciated by the Corporation. The officers & workmen of the Company are appointed for carrying out the business operations of the Company, which are in line with the objectives specified in the Memorandum of Association of the Company.
While discharging duties and responsibilities, officers & workmen of the Company are complying with the applicable provisions of statutes and rules and regulations framed thereunder. |
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CHAPTER-III
Procedures followed in the Decision-Making Process, Including Channels of Supervision and Accountability. |
The decisions making process of the Company follows the following Channel
Overall management of the Company is vested with the Board of Directors of the Company. The Board of Directors is the highest decision making body within the Company.
As per the provisions of the Companies Act, 1956 certain matters require the approval of the shareholders of the Company in General Meeting.
The Board of Directors is accountable to the shareholders of the Company, which is the ultimate authority of a Company. IndianOil being a Public Sector Enterprise (PSE), the Board of Directors of the Company is also accountable to Government of India.
The day-to-day management of the Company is entrusted on the Chairman and the Functional Directors and other Officers of the Company. The Board of Directors has delegated powers to the Chairman, Functional Directors, who have in turn delegated powers to the Executives of the Company through Delegation of Powers. The Chairman, Functional Directors and other officers exercise their decision-making powers as per this delegation of powers.
The Chairman, Functional Directors and other Executives are accountable to Board of Directors for proper discharge of their duties & responsibilities.
The powers, which are not delegated are exercised by the Board of Directors subject to the restrictions and provisions of the Companies Act, 1956.
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Chapter-IV
The Norms Set for Discharge of Functions |
The company has its Article of Association and well defined procedure and guidelines in the form of delegation of powers, laid down policies and guidelines, manuals, compliance of provisions of various statutes , rules and regulations, guidelines of Department of Public Enterprises, guidelines of Chief Vigilance Commission , listing Agreement of Stock Exchanges and rules and regulations of SEBI for smooth operations of the Company.
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Chapter-V
The Rules, Regulations, Instructions, Manuals and Records held by the Company or under its control or used by its Employess for Discharge of Functions |
The overall objectives and framework of rules and regulations of the Company is laid down in the Memorandum and Articles of Association of the Company. Each Department of the Company, while discharging its functions, is guided by manuals, policy and guidelines, which are periodically reviewed and updated. The conduct of the employees is regulated by the Employees’ (Conduct, Discipline and Appeal Rules) and Standing Orders. In addition, the Company follows the directives and guidelines issued by the Government of India on various matters. The operations of the Company is also guided by the Memorandum of Understanding entered into with the Government of India. |
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Chapter-VI
Statement of Categories of Documents that are held by the Company or under its control |
The Company maintains various statutory documents, registers, books, licenses, Various finctional HR Manual, Accounting Manual, Corporate IT Policy, Material Management Manual, SAP Manual, Engineering Manual, Safety Manual, Health awareness & occupational Health Manual, Vigilance Manual, agreement etc. for the business operation of the Company, as required under various statutes, rules and regulation as well as Delegation of authorities for the smooth functioning of the Company. |
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Chapter-VII
Particulars of Arrangement for Consultation with the Members of the Public in relation to the Formulation of Policy or Implementation Thereof |
IndianOil is a Commercial Organisation and policies formulated by it relate to its internal management and therefore, there is no requirement for consultation with the members of the Public prior to formulation of its internal policies. However, internal policies of the Company are formulated in compliance with the applicable provisions of the statutes, rules and regulations etc.
The members of the public, who are dealing with the Company in its business transaction have any complaints/ grievances, they can approach through e-mail or through the concerned officers for redressal as hosted in the web-site www.iocl.com. |
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Chapter-VIII
Statement on the Board & Sub Committees of the Board and other Committees |
The Management of the Company is vested with the Board of Directors. In terms of the Articles of Association of the Company, the Company can have minimum three Directors and maximum Twenty Two Directors. The Board comprises of Functional Directors, Govt. Nominee Directors and Independent Directors (which also include woman Director). The Board has constituted various committees with specific powers and distinct roles and responsibilities. The names of the Board of Directors can be accessed on the web-site www.iocl.com.
The meeting of the Board of Director and Committees of the Board are not accessible for public. Similarly the Minutes Books of the Board of Directors and Committees of the Board are not open for inspection by public.
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Chapter-IX
Directory of Officers and Workmen |
IndianOil’s Employee strength (as on 31st March, 2016) is 32, 803, out of which 15, 722 are in the officer cadre. Grade-wise number of officers and workmen are given below :
Indian Oil Corporation Ltd. |
Manpower as on 31st March 2016 |
|
Grade |
Ref. |
PL |
AOD |
R&D |
Mktg |
IBP |
Total |
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The names of the senior executives of the Company i.e. in Grade ‘I’ (EDs) and Grade ‘H’ (GMs) as on date are given below :
| Sr.No |
Name |
Present Posting |
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Chapter- X
Statement Of Monthly Remuneration Of Officers And Workmen Including The System Of Compensation |
The remuneration of the Officers of the Company is governed by the guidelines of the Department of Public Enterprises, Government of India. The pay scales of officers are of Industrial DA pattern.
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Grade |
Designation |
Pay Scale |
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The remunerations of workmen are fixed through negotiations with Workmen’s Union subject to the overall guidelines of Department of Public Enterprises, Government of India.
| Workmen |
Grades
(Refineries, Pipelines, R&D and AOD)
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Pay Scale |
Grades (Marketing/IBP) |
Pay Scale |
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| Note: In addition to the above, Dearness Allowance, House Rent Allowance, Medical Reimbursement, Leave Travel concessions, Provident Fund, Gratuity, Superannuation Benefits, etc. are provided as per the Company’s rules from time to time. |
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March 31, 2016 |
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Chapter- XI
Budget Allocation and Expenditure |
Plan and non-plan expenditure of the company for the financial years 2012-13, 2013-14 and budget for 2014-15.
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2012-13 |
2013-14 |
2014-15 (BE) |
2015-16 |
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Chapter- XII
Manner of Execution of Subsidy Programmes, including the amounts allocated and the details of Beneficiaries of such programmes |
Indian Oil Corporation Ltd. does not have any subsidy schemes / programmes for public.
However, IndianOil earmarks substantial funds for donations, contributions and community development activities besides contribution to the Prime Minister’s Relief Fund from time to time on the happening of any calamity. IndianOil also provides scholarships for meritorious students from economically weaker sections of society for pursuing professional and technical courses in various disciplines. |
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Chapter- XIII
Particulars of Recipients of Concessions, Permits or Authorisations granted by it |
IndianOil does not grant any concession, permits or authorisation.
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Chapter- XIV
Details of information available or held in Electronic Form |
The information relating to Company Profile / Business, Products, Services, Financial Performance, Shareholding Pattern etc. is available at the Company’s website at www.iocl.com. |
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Chapter-XV
Procedure For Seeking Information From Indianoil |
Interested people can visit the website for desired information. If the required information is not available on the website they can send email to CPIO at email id parmarnk@indianoil.in seeking the required information as per RTI Act, 2005. If the required information is available same shall be provided within reasonable time.
Any citizen of India who desires to obtain any information under the Right to Information Act, 2005 (Act) may make a request preferably in the application format in writing or through electronic means to the Public Information Officer/Assistant Public Information Officer.
A) APPLICATION FEE
In accordance to directive given in the Gazette notification issued by Deptt. of Personnel & Training, Ministry of Personnel, Public Grievances and Pension, Govt. of India, vide no. 34012/8(s)/2005-Estt.(B) dated 16.09.2005, the application for obtaining Information under sub-section (1) of section 6 must be accompanied by prescribed application fee drawn in favour of account officer, payable at the local office where the application has been submitted. At present the application fee, which is subject to change from time to time, is as under:-
Application fee : Rs 10/-
Mode of payment : By cash against proper receipt or by demand draft/banker’s cheque/ Indian Postal Order
Persons who belong to BPL category are not required to pay any fee provided necessary documents are produced in support of their claim.
B) ADDITIONAL FEE
In case it is decided to provide the information, the Requester shall be informed of the additional fees, if any, (as per Section 7(3) of RTI Act, 2005) required to be deposited by information seeker for the information sought and information shall be furnished after the receipt of the fee by the IOCL, as per the Act.
In accordance with directives given in the above mentioned Gazette notification dated 16/09/2005, for providing the information under sub-section 7, of the Act an additional fee shall be charged. At present, the applicable rates, which are subject to change from time to time, are given as under:-
| a | For each page (in A-4 or A-3 size paper) | Rs. 2/- per page |
| b | For a copy in larger size paper | Actual charge or cost price |
| c | For samples or models | Actual cost or price |
| d | For inspection of records | No fee for the first hour; and a fee of Rs. 5/-
for each hour (or fraction thereof) thereafter |
Further, for providing the information under sub-section (5) of section of the Act, the fee shall be charged at the following rates:-
| A | For information provided in diskette or floppy | Rs. 50/- per diskette or floppy |
| B | For information provided in printed form | At the price fixed for such publication or
Rs. 2/- per page of photocopy for extracts from
the publication |
The mode of payment of above mentioned additional fees shall be the same as application fee.
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Chapter-XVI
Names, Designation and other Particulars of Central Public Information Offficers |
In terms of Section 5 (1) of the Right to Information Act, 2005, the Company has designated various officials as Information Officers and Appellate authorities. The list of such officials is available on the website of the Company. |
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