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    IndianOilPerformance2018-19

Works Commence on Projects Worth Rs 1.04 Trillion at IndianOil

New Delhi, July 08, 2020


  • 336 projects commenced after lockdown eased till 30th June 2020.

  • Additionally, more than 50 projects have also resumed since 1st of July 2020.

  • 13.3 Lac man-days work accomplished during 20thApril to 30thJune 2020.

  • On track for achieving Rs CAPEX target of Rs 26,143 Crores during FY 20-21.

Indian Oil Corporation Ltd. (IndianOil) has resumed works at its various project sites across the country after the easing of lockdown from 20th April 2020. Gearing up to ramp up activities, IndianOil is taking all necessary precautions to ensure that its entire workforce is aligned to the 'New Normal' and detailed advisories issued from time to time, for the safety and health of the employees and workers during these COVID times, are being strictly followed.

Since the easing of the lockdown, IndianOil has commenced works on 336 projects that have investment of more than Rs 1 Crore in each project, at an anticipated project cost totalling to Rs 1.04 Lac Crores (Rs 1.04 Trillion). The amount spent on these ongoing projects is about 1,764 Crores till the end of June 2020. Additionally, more than 50 projects have also resumed since 1st of July 2020. IndianOil has targeted a CAPEX of Rs 26,143 Crores during FY 20-21 and in the first quarter achieved an approx. expenditure of Rs 2,674 Crores, overcoming various issues faced on-ground due to the Coronavirus pandemic.

These mega projects would not only boost the economy, ensure smooth supply of petroleum products across the nation and also provide much needed relief to the people looking to get back to work after the lockdown. The man-days of work, generated in these projects during the period 20th April to 30th June 2020 is about 13.3 Lac and the expenditure incurred on this account is about Rs 276 Cr.

Major pipeline projects where works have resumed include the Rs. 3,338 Crore Paradip-Hyderabad products pipeline, which traverses 1,212-km through Odisha, Andhra Pradesh and Telangana; the Rs. 3,028 Crore augmentation of Paradip-Haldia-Durgapur LPG pipeline and its extension to Patna and Muzaffarpur, which traverses 678-km through Odisha, Jharkhand, West Bengal and Bihar; the Rs. 6,025 Crore Ennore-Tiruvallur-Bangalore-Pondicherry-Nagapattinam-Madurai-Tuticorin R-LNG pipeline, which travels 1,170-km through Tamil Nadu, Andhra Pradesh, Puducherry and Karnataka.

Works have also commenced at major marketing infrastructure projects like LPG import facilities at Kochi (Rs 714.25 Crores), LPG import facilities at Paradip (Rs 690 Crores), Capacity Augmentation of Kandla Import Terminal from 0.6 TO 2.5 MMTPA (Rs 730.2 Crores), Construction of POL Terminal at Motihari (Rs 522 Crores) and Pipeline Tap of point (TOP) terminal at Hyderabad (Rs 611 Crores).

Barauni Refinery expansion including the Petrochemical plant (Rs 14810 Crores); Ethylene Glycol project at Paradip Refinery (Rs 5654 Crores); Fuel Quality Upgradation Project at Paradip (Rs 3361 Crores) & at Barauni (Rs 1774 Crores) and NCU expansion & revamp of MEG & BEU unit, at Panipat (Rs 1636 Crores) as some of the Refinery Projects underway.

IndianOil's CAPEX plans depend on long-term demand potential in the country. These projects are crucial from the perspective of addressing future energy demands as well as employment generation while kickstarting the economy with a focus on 'Atmanirbhar Bharat'.

John Prasad K.
Chief General Manager
Corporate Communications
Indian Oil Corporation Ltd.

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About Us

  • Who we are
  • Our Vision with Values
  • Our Business
  • Our Major Projects
  • Financial Performance
  • Our Group Companies & JVs
  • Our Locations
  • Our Leadership
  • Our History

IndianOil for Motorists

  • Petrol/Gasoline
  • Diesel/Gasoil
  • XP100
  • SERVO Lubes & Greases
  • AutoGas
  • Test Fuel Samples
  • Petrol Pump Locator
  • Loyalty Programmes

IndianOil for Households

  • Indane Cooking Gas
  • Kerosene
  • LPG Services
  • Say No to LPG Subsidy

IndianOil for Business Partners

  • RO / KSK Dealerships
  • Door - to - Door Delivery of Diesel
  • LPG Distributorships
  • COCO Divestment and Service Provider
  • Polymer Dealers
  • Marketing Discipline Guidelines

IndianOil for Businesses

  • Bulk / Industrial Fuels
  • Aviation Fuel
  • Marine Oils
  • Bitumen
  • SERVO Lubes & Greases
  • Fuel Mgmt / Consumer Pumps
  • Commercial / Reticulated LPG
  • Non-Fuel Alliances
  • Loyalty Programmes
  • Natural Gas
  • Petrochemicals
  • Special Products
  • Indane NANOCUT
  • Cryogenics
  • Non-PDS Superior Kerosene Oil
  • Explosives
  • Consultancy

IndianOil for Suppliers

  • IndianOil GSTIN
  • Vendor Registration
  • Procurement from MSEs
  • Integrity Pact
  • Reports on Purchase / Work Order
  • IndianOil Conciliation Rules, 2014
  • Tenders
  • Notices

IndianOil for Society

  • IndianOil for Community (CSR)
  • IndianOil Academic Scholarships
  • Sustainability
  • The IndianOil Foundation
  • From Director (HR)'s Desk

IndianOil for Investors

  • Transfer of shares to IEPF
  • Committees of the Board
  • T&C of Appointment of Ind. Directors
  • Familiarisation program for Independent Directors
  • Intimation to Stock Exchanges
  • Buyback of shares by IndianOil
  • Shareholding Pattern
  • Financial Performance
  • Annual Return
  • Corporate Governance
  • Annual General Meeting 2020
  • Presentation to Analysts / Investors
  • Dividend Information
  • Notices
  • Policies
  • IndianOil's Credit Rating
  • Contact details for share related matters

IndianOil Overseas

  • Lanka IOC PLC
  • IndianOil (Mauritius) Ltd.
  • IOC Middle East FZE

IndianOil for Media

  • News Releases
  • IndianOil in Media
  • Publications
  • Prices of Petrol & Diesel
  • Prices of Petroleum Products

IndianOil for Careers

  • Careers
  • Latest Job Openings
  • Apprenticeships

IndianOil for Environment

  • Environment Management
  • SATAT
  • H,S & E Policy
  • Occupational Health
  • Safety
  • Green Fuel Alternatives
  • Sustainability

We are Listening

  • Help
  • Other LPG Queries
  • Queries on Fuel Stations
  • Vigilance Queries
  • Right To Information
  • Citizen Charter
  • Statutory Notices

Contact Us

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Last updated on 22/01/2021 (07:00 PM)
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