REFINERIES DIVISION

As India’s flagship downstream energy Company, IndianOil’s Refineries Division continues to play a pivotal role in ensuring the nation’s energy self-sufficiency, while evolving to meet emerging sustainability mandates. In 2024-25, our refineries delivered strong operational performance, driven by innovation, efficiency and a clear focus on decarbonisation in line with our SPRINT strategy. We processed 71.56 MMT of crude oil during the year, operating at 102% of installed capacity.

Modernising Infrastructure, Enhancing Capacity

Gujarat Refinery

Commissioned the Synthesis Gas and NBA unit (point of OXO Alcohol Project), marking our entry into the production of 99.97% pure Normal Butanol- a critical feedstock for the chemical industry.

Mathura Refinery

A 220KV grid power facility was facility inaugrated for reducing fuel consumption, cutting power costs and integrating green energy.

Digboi Refinery

Commissioned a 7.5-Km DHDT feed pipeline, the longest in its operational history, bolstering diesel hydro-processing capabilities.

Panipat Refinery

Commissioned Low Radiation Vacuum Preheaters (LRVPs) in both AVUs—a first in IndianOil’s network—reducing steam consumption by 6.8 TPH and generating an annual savings of H13.8 Crore.

Innovations and Initiatives for a Cleaner, Greener Tomorrow

• Paradip Refinery commissioned the indDSK (KHDS) unit, producing ultra-low sulphur kerosene {"<8 ppm"} for pipeline-compatible delivery.
• STORM-X, a high-octane racing fuel, especially formulated by Paradip Refinery, was successfully used in the MRF MMSC FMSCI Indian National Car Racing Championship.
• Mathura Refinery commissioned an Electrostatic Coalescer Prewash (ECP) package, enabling the processing of high-TAN crudes for ATF production, reducing spent caustic generation and enhancing ATF yield.

PIPELINES DIVISION

As India’s foremost energy transporter, our Pipelines Division continues to play a pivotal role in strengthening the nation’s energy infrastructure — efficiently, securely and sustainably. In 2024-25, aligned with our ‘SPRINT Ahead’ theme, the Division focused on enhancing capacity, integrating cleaner fuels and embedding digital intelligence into operations.

Our cross-country pipeline network, spanning over 20,005 Km (increased by 261 Km), now has a total capacity of 129.92 MMTPA for crude and products and 49.4 MMSCMD for gas. These underground energy highways handled a record throughput of 96.924 MMT of liquids and 4,668 MMSCM of gas, showcasing resilience and reliability in the face of growing national demand and transition imperatives.

• Significant throughput achievements, despite planned refinery shutdowns. Highest-ever product and gas pipeline throughput, with product throughput rising 3% y-o-y to 45.4 MMT.
• Commissioned critical sections, including the Vijaywada – Hyderabad stretch under the Paradip – Hyderabad Pipeline and new connections under the Karwar and Kandla-Gorakhpur projects, improving regional connectivity.
• Over 6,000 Km of pipeline integrity checks completed through Inline Inspections (ILI), with 4,500 Km using in-house R&D tools.
• Deployed Unmanned Aerial Vehicle (UAV)-based monitoring and nano drones across 610 Km of critical Right-of-Way, integrated with Pipeline Intrusion Detection and Warning Systems (PIDWS)
• Initiated pipeline transport of E-20 ethanol-blended petrol and B-1 biodiesel-blended diesel, aligned with biofuel goals.
• Commenced LPG pumping from Paradip import terminal and extended MS supplies to Nepal via the Motihari-Amlekhgunj pipeline, enhancing cross-border trade.
• Expanded CGD infrastructure to over 9,300 Km, adding 2 Lakh new PNG domestic connections, marking 75% annual growth.
• Added 92 new CNG stations and reached peak gas sales of 4.54 Lakh kg/day, supporting the gas economy transition.
• Approved projects worth ₹1,500+ Crore to enhance logistics in Bihar and Nepal through new pipelines and terminals.
• Launched EPMC and PMC services, marking a shift towards end-to-end infrastructure development capabilities.
• IndianOil’s Pipelines Division remains a strategic enabler in India’s evolving energy landscape. By modernising core infrastructure, integrating cleaner fuels and pushing the boundaries of innovation, the Division is set to SPRINT ahead—laying the groundwork for a more sustainable and inclusive energy future.

IndianOil’s Pipelines Division remains a strategic enabler in India’s evolving energy landscape. By modernising core infrastructure, integrating cleaner fuels and pushing the boundaries of innovation, the Division is set to SPRINT ahead—laying the groundwork for a more sustainable and inclusive energy future.

MARKETING DIVISION

In 2024–25, IndianOil strengthened both physical and digital infrastructure to support the growing fuel and energy distribution network.

• Commissioned 2,823 new Retail Outlets, bringing the total to 40,221, the largest network in India.
• Added 4,656 EV charging stations (EVCS) and 37 battery N swapping stations, making the total count of 13,614 EVCS and 128 swap stations.
• Launched the first-ever exclusive ‘Chhotu Shopee’ and extended 68 prison ROs under ‘Umeed – A Hope’ initiative.
• Achieved a record fuel movement of 3,60,708 KL, dispatched in a single day. Key logistics interventions include commissioning of rail-loading facilities, pipeline integrations and the successful first-time coastal and transnational shipments of key fuels to locations, such as Nepal, Bangladesh and Port Blair.
• The Jatni-Bhubaneshwar ATF pipeline, along with India’s first Vapour Recovery Unit at Paradip, represent new benchmarks in energy logistics and environmental compliance.
• Efficient turnaround of bitumen terminals at Mangalore and Haldia, alongside the first bitumen imports from Oman, have further diversified IndianOil’s supply capabilities.
• Commissioned new bottling plants, expanded LPG cylinder variants such as XTRALITE and launched new safety and quality protocols through the LPG Equipment Quality Manual.
• Volumes of XTRATEJ, a high-efficiency LPG cylinder, grew by 48.9%.
• In lubricants, IndianOil received the ‘Golden Peacock Award for Innovation’ and strengthened global logistics by securing 40% of Shipping Corporation of India’s global lubes business, across 70 ports worldwide.
• Strengthened retail marketing with 72 new Way Side Amenities (WSA) projects, enhancing customer experience at highways and transit hubs. Key initiatives included the launch of ‘Apna Ghar‘ under PM1000, partnerships with major hospitality brands and a growing Non-Fuel Revenue (NFR) stream, highlighting IndianOil’s integrated mobility services model.

PETROCHEMICALS

IndianOil’s Petrochemicals business achieved a historic milestone in 2024-25, achieving highest-ever sales volume of 3.24 MMT including exports — a significant rise over the 3.1 MMT recorded in the previous fiscal year. The performance was driven by robust domestic demand, portfolio expansion, strategic OEM partnerships and a strong thrust on sustainability and self-reliance.

The Product application and Development centres at Panipat and Paradip are playing a pivotal role in developing new materials and applications for better product quality and innovative solutions.

Significant strides in capacity expansion and project approvals

• The IndianOil Board approved execution of the Joint Venture Agreement with MCPI Pvt. Ltd. for the 300 KTA Yarn Project at Bhadrak, Odisha
• In-principle approval for a 42-KTPA Propylene Recovery Unit at Haldia, West Bengal
• Investment approval for ethylene purification and gas-phase reactors at Paradip
• Launched two new niche PP grades- P1750MN at Paradip and PP-ICP 5200MG at Panipat. HDPE grade 002DB52 was re- introduced from Panipat Plant
• During 2024–25, 16 polymer grades received approvals from various OEM vendors

NATURAL GAS

In 2024-25, IndianOil achieved its highest-ever natural gas sales volume of 9.45 MMTPA, marking a 20% growth over the previous year. This performance grew our market share to 14.2%, reflecting IndianOil’s growing stature in India’s gas-based transition.

• Signed a long-term LNG Sale Purchase Agreements (SPAs) with ADNOC (1.2 MMTPA for 14 years), TotalEnergies (0.8 MMTPA for 10 years) and a term sheet with ADNOC Ruwais terminal (1 MMTPA for 15 years).
• Spot LNG procurement rose 82% YoY, with 2.11 MMT sourced through 34 cargoes.
• New partnerships with ADNOC Trading, KOCH Supply, BB Energy and PTTTE bolstered flexibility and trading options.
• Signed first international LNG export agreement with Nepal (Yogya Holdings).
• Became the first seller of LNG cargo on the high seas to HPCL for commissioning its Chhara terminal.
• Commissioned first LNG consumer station at CONCOR’s Khatuwas terminal, saving logistics costs for CONCOR and supporting sustainability.
• CGD JV Companies achieved highest-ever sales of 605 MMSCM, commissioning 515 CNG stations, laying 37,000 Inch-Km of pipeline and adding over 5.15 Lakh domestic PNG connections.
• Signed MoUs with Shell, ExxonMobil, ONGC and HPCL for collaborations across LNG bunkering, gas monetisation, trading and small-scale LNG deployment
• Trading volumes on the Indian Gas Exchange (IGX) tripled to 296 Million Metric Standard Cubic Meters (MMSCM), with IndianOil accounting for 21% of the total traded volume on the platform.