Group Companies

Expanding Horizons

IndianOil is currently metamorphosing from a pure sectoral company with dominance in downstream in India to a vertically integrated, transnational energy behemoth. The Corporation is already on the way to becoming a major player in petrochemicals by integrating its core refining business with petrochemical activities, besides making large investments in E&P and import/marketing ventures for oil & gas in India and abroad.

Name Business
Indian Subsidiaries
Chennai Petroleum Corporation Limited Refining of petroleum products
IOC Global Capital Management IFSC Limited Carry on the business as IFSC (International Financial Service Centre) Unit to undertake finance activities as stipulated in regulation 5 of International Financial Services Centres Authority (IFSCA) Finance Company Regulations
Foreign Subsidiaries
IndianOil (Mauritius) Ltd. Mauritius Terminalling, Retailing, Aviation refueling & Bunkering
Lanka IOC PLC,Sri Lanka Retailing, Terminalling & Bunkering
IOC Middle East FZE, UAE Lube Blending & Marketing of Lubricants & Base Oil
IOC Sweden AB, Sweden Investment company for E&P Project in Venezuela and Battery Technology Company in Israel
IOCL (USA) Inc., USA Participation in Shale Gas Asset Project
IndOil Global B.V. Netherlands Investment company for E&P Assets in Canada and UAE
IOCL Singapore Pte Ltd., Singapore Crude Oil trading operations, Import / Export of petroleum products and Investment Company for E&P Assets & Alternative Energy Technology Company

Joint Ventures

Name Business Partners
Avi-Oil India Pvt. Ltd. Manufacturing of Speciality lubricants Neden BV, Netherlands Balmer Lawrie & Co. Ltd.
Delhi Aviation Fuel Facility Private Ltd. Setting up and operation of Aviation Fuel Facility at Delhi Airport. Delhi International Airport Ltd. Bharat Petroleum Corporation Ltd.
Green Gas Ltd. City Gas Distribution GAIL (India) Ltd.
GSPL India Transco Ltd. Setting up of Natural Gas Pipelines Gujarat State Petronet Ltd. Hindustan Petroleum Corporation Ltd. Bharat Petroleum Corporation Ltd.
GSPL India Gasnet Ltd. Setting up of Natural Gas Pipelines Gujarat State Petronet Ltd. Hindustan Petroleum Corporation Ltd. Bharat Petroleum Corporation Ltd.
Hindustan Urvarak and Rasayan Ltd. Setting up and operating fertilizer plants at Sindri, Gorakhpur and Barauni Coal India Ltd. NTPC Ltd. Fertilizer Corporation of India Ltd. Hindustan Fertilizer Corporation Ltd.
IHB Ltd Laying, building, operating or expanding LPG Pipeline from Kandla (Gujarat) to Gorakhpur (UP) Bharat Petroleum Corporation Ltd. Hindustan Petroleum Corporation Ltd.
IndianOil Adani Ventures Ltd. (formerly known as Indian Oiltanking Ltd.) Terminalling, EPC services and production of Compressed Bio-Gas (CBG) Adani Ports and SEZ Ltd.
IndianOil Adani Gas Pvt. Ltd. City Gas Distribution Adani Total Gas Ltd.
IndianOil Petronas Pvt. Ltd. Terminalling services and parallel marketing of LPG Petronas, Malaysia.
IndianOil LNG Pvt. Ltd. LNG Terminal at Ennore Maximus Investment Advisory Pvt. Ltd. ICICI Bank Ltd. Tamil Nadu Industrial Development Corporation Ltd.
IndianOil Skytanking Pvt. Ltd. Aviation fuel facility projects and Into Plane services Skytanking GmbH, Germany
Indian Synthetic Rubber Pvt. Ltd. Manufacturing of Styrene Butadiene Rubber at Panipat Trimurti Holding Corporation, BVI
Indradhanush Gas Grid Ltd. Setting up Natural Gas Pipeline in North East India Oil and Natural Gas Corporation Ltd. GAIL (India) Ltd. Oil India Ltd. Numaligarh Refinery Ltd.
IndianOil Total Pvt. Ltd. Undertaking bitumen business, LPG business as conducted at LPG facilities Total Marketing and Services S.A., France
IOC Phinergy Pvt. Ltd. Commercialization of the Al-Air battery technology in India Phinergy, Israel
Kochi Salem Pipeline Private Ltd.   Laying pipeline for transportation of LPG from Kochi to Salem Bharat Petroleum Corporation Ltd.
Lubrizol India Pvt. Ltd. Manufacturing of Lube Additives Lubrizol Corp., USA
Mumbai Aviation Fuel Farm Facility Pvt. Ltd. Setting up common user integrated aviation fuel infrastructure at Mumbai Airport Bharat Petroleum Corporation Ltd. Hindustan Petroleum Corporation Ltd. Mumbai International Airport Ltd.
NPCIL – IndianOil Nuclear Energy Corporation Ltd. Setting up Nuclear Power Plant Nuclear Power Corporation of India Ltd.
Paradeep Plastic Park Ltd. Development and implementation of Paradeep Plastic Park project Odisha Industrial Infrastructure Development Corporation
Petronet LNG Ltd. LNG imports / distribution and regasification Bharat Petroleum Corporation Ltd. Oil and Natural Gas Corporation Ltd. GAIL (India) Ltd.
Petronet VK Ltd. Construction and operation of pipeline for transportation of POL products from Vadinar to Kandla Reliance Industries Ltd. Nayara Energy Ltd. Gujarat Industrial Investment Corporation Ltd. Infrastructure Leasing & Financial Services Deendayal Port Trust State Bank of India Canara Bank
Ratnagiri Refinery & Petrochemicals Ltd. Refinery and Petrochemical Project in Maharashtra Bharat Petroleum Corporation Ltd. Hindustan Petroleum Corporation Ltd.
Suntera Nigeria 205 Ltd. Oil exploration activities. Oil India Ltd. Suntera Resources Ltd., Cyprus
Cauvery Basin Refinery and Petrochemicals Ltd. For setting up 9 MMTPA Refinery Project at Nagapattinam, Tamil Nadu. Chennai Petroleum Corporation Ltd. Axis Bank Ltd. HDFC Life Insurance Company Ltd. ICICI Bank Ltd. ICICI Prudential Life Insurance Company Ltd. SBI Life Insurance Company Ltd.
IndianOil NTPC Green Energy Private Limited Develop grid and/ or off-grid Renewable Energy (RE) based power projects to supply 650 MW or more renewable power to cater to requirement of Indian Oil Corporation Limited. NTPC Green Energy Limited