| Name of JV |
Date of Incorporation |
Promoters & Equity |
Area(s) of Operation |
| Avi-Oil India Limited |
04.11.1993 |
IndianOil & Balmer Lawrie
: 25% each
Neden BV, the Netherlands: 50% |
To blend, manufacture and sell synthetic, semi synthetic and mineral based lubricating oils, greases and hydraulic fluids, related products and specialties for Defence and Civil Aviation uses. |
IOT Infrastructure
& Energy Services Ltd.
(Formerly known as Indian Oiltanking Limited) |
28.08.1996 |
IndianOil & Oiltanking
GmbH, Germany: 50% each |
To build and operate terminalling services for petroleum products. |
| IndianOil Petronas Private Limited |
03.12.1998 |
IndianOil & Petronas,
Malaysia: 50% each |
To construct and import facilities for LPG import at Haldia and to engage in parallel marketing of LPG. |
| Lubrizol India Private Limited |
01.04.2000 |
IndianOil & Lubrizol Corporation, USA: 50% each |
To manufacture and market chemicals for use as additives in fuels, lubricants and greases. |
| Petronet LNG Limited |
02.04.1998 |
IndianOil, BPCL, GAIL India Limited
& ONGC: 12.50% each
Gaz de France International: 10%
Asian Development Bank: 5.2%
Public :34.8% |
Development of facilities for import and regasification of LNG at Dahej and Kochi. |
| Petronet India Limited |
26.05.1997 |
IndianOil :18% BPCL &
HPCL:16% each
Reliance Industries Limited,
IL&FS Trust Company Limited,
ICICI Bank Ltd., State Bank of
India & Essar Oil Limited:10% each |
To implement petroleum products, pipeline projects through Special Purpose Vehicles. |
| Petronet VK Limited |
21.05.1998 |
IndianOil & Petronet India Limited
: 26% each,
Reliance Industries Limited
& Essar Oil Limited:13% each,
SBI, GIIC, Kandla Port Trust,
Infrastructure Leasing & Financial
Services Limited: 05% each;
Canara Bank: 02% each |
To construct and operate a pipeline for transportation of petroleum products from Vadinar to Kandla. |
| Petronet CI Limited |
07.12.2000 |
IndianOil, Petronet India &
Reliance Petroleum Limited
: 26% each
Essar Oil Limited & BPCL
: 11% each |
To construct and operate a pipeline for evacuation of petroleum products from RPL and EOL refineries at Jamnagar as well as from Gujarat Refinery at Koyali to feed the consumption zones at Central India. |
| Green Gas Ltd. |
07.10.2005 |
IndianOil & GAIL India Limited
: 25% each,
Infrastructure Development Finance Company Limited,
IL&FS Investment Mangers Limited
: 20% each
Others: 10% |
City Gas Distribution in Lucknow and Agra. |
| Indo Cat Pvt. Limited |
01.06.2006 |
IndianOil & Intercat Inc.,
USA: 50% each |
Manufacturing & marketing of FCC catalysts and additives. |
| IndianOil Skytanking Limited |
21.08.2006 |
IndianOil, IOT Infrastructure
& Energy Services Ltd.
(Formerly IOTL) &
Skytanking Holding
GmbH, Germany: 33.33% each |
Design, finance, construct, operate & maintain aviation fuel facility projects. |
| IndianOil Power Consortium Limited |
06.10.1999 |
IndianOil & Marubeni
Corporation, Japan: 50% each |
To build and operate its own power generation plant at Panipat utilizing Petcoke from Panipat Refinery. |
| Suntera Nigeria 205 Limited |
09.05.2006 |
IndianOil & Oil India: 25% each
Suntera Resources Ltd., Cyprus: 50% |
Investments in oil and gas industry especially in the upstream sector |
| IndianOil-CREDA Biofuels Limited |
06.02.2009 |
IndianOil: 74%, Chattisgarh
Renewal Energy Development
Agency : 26% |
Farming, cultivating, manufacturing, production and selling biomass, bio-fuels and allied products & services |
| BPCL-Bharat Petroleum Corporation Ltd.; EOL-Essar Oil Ltd.; GAIL-GAIL (India) Ltd.; HPCL-Hindustan Petroleum Corporation Ltd.; IL&FS-Infrastructure Leasing & Financial Services Ltd.; IndianOil-IndianOil Corporation Ltd.; KPT-Kandla Port Trust; ONGC-Oil & Natural gas Corporation Ltd.; PIL-Petronet India Ltd.; RPL-Reliance Petroleum Ltd.; SBI-State Bank of India; GIIC-Gujarat Industry Investment Corporation; CB-Canara Bank; UP State Govt-Uttar Pradesh State Government; IDFC-Indian Development Finance Corporation; CREDA-Chhattisgarh State Renewable Development Agency; IOTL-IndianOil Tanking Ltd. |