IndianOil is India's flagship national oil company with business interests straddling
the entire hydrocarbon value chain – from refining, pipeline transportation and
marketing of petroleum products to exploration & production of crude oil & gas,
marketing of natural gas and petrochemicals. It is the leading Indian corporate
in the Fortune 'Global 500' listing, ranked at the 98th position in the
year 2011.
With over 34,000-strong workforce, IndianOil has been helping to meet India’s energy
demands for over half a century. With a corporate vision to be the Energy of India,
IndianOil closed the year 2010-11 with a sales turnover of Rs. 3,28,744 crore ($ 72,125 million) and
profits of Rs. 7445 crore ($ 1,633 million).
At IndianOil, operations are strategically structured along business verticals -
Refineries, Pipelines, Marketing, R&D Centre and Business Development – E&P, Petrochemicals
and Natural Gas. To achieve the next level of growth, IndianOil is currently forging
ahead on a well laid-out road map through vertical integration— upstream into oil
exploration & production (E&P) and downstream into petrochemicals – and diversification
into natural gas marketing and alternative energy, besides globalisation of its
downstream operations. Having set up subsidiaries in Sri Lanka, Mauritius and the
United Arab Emirates (UAE), IndianOil is simultaneously scouting for new business
opportunities in the energy markets of Asia and Africa.
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Reach and Network
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IndianOil and its subsidiary (CPCL) account for over 48% petroleum products market
share, 34.8% national refining capacity and 71% downstream sector pipelines capacity
in India.
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The IndianOil Group of companies owns and operates 10 of India's 20 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's cross-country network of crude oil and product pipelines spans 10,899 km with a capacity of 75.26 MMTPA of crude oil and petroleum products and 10 MMSCMD of gas. This network is the largest in the country and meets the vital energy needs of the consumers in an efficient, economical and environment-friendly manner.
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It has a portfolio of powerful and much-loved energy brands that includes Indane LPGas, SERVO lubricants, XtraPremium petrol, XtraMile diesel, PROPEL, petrochemicals, etc. Validating the trust of 56.8 million households, Indane has earned the coveted status of 'Superbrand' in the year 2009 and now has a customer base of 61.8 million.
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IndianOil has a keen customer focus and a formidable network of customer touch-points dotting the landscape across urban and rural India. It has 19,463 petrol and diesel stations (46.4% of the industry), including 3517 Kisan Seva Kendras (KSKs) in the rural markets. With a countrywide network of 36,900 sales points, backed for supplies by 140 bulk storage terminals and depots, 3,960 SKO/LDO dealers (60% of the industry), 96 aviation fuel stations and 89 LPGas bottling plants, IndianOil services every nook and corner of the country. Indane is present in almost 2764 markets through a network of 5456 distributors (51.8% of the industry). About 7780 bulk consumer pumps are also in operation for the convenience of large consumers, ensuring products and inventory at their doorstep.
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IndianOil's ISO-9002 certified Aviation Service commands an enviable 63% market
share in aviation fuel business, successfully servicing the demands of domestic
and international flag carriers, private airlines and the Indian Defence Services.
The Corporation also enjoys a 65% share of the bulk consumer, industrial, agricultural
and marine sectors.
With a steady aim of maintaining its position as a market leader and providing the
best quality products and services, IndianOil is currently investing Rs. 47,000
crore in a host of projects for augmentation of refining and pipelines capacities,
expansion of marketing infrastructure and product quality upgradation.
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Innovation is key
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 IndianOil
has a sprawling world-class
R&D Centre that is perhaps Asia's finest. It conducts pioneering work
in lubricants formulation, refinery processes, pipeline transportation and alternative
fuels, and is also the nodal agency of the Indian hydrocarbon sector for ushering
in Hydrogen fuel economy in the country. The Centre holds 212 active patents, with
over 100 international patents.
Some of the in-house technologies and catalysts developed by IndianOil include the
INDMAX technology (for maximising LPGas yield), Oilivorous–S bio-remediation technology
(extended to marine applications too), Diesel Hydro DeSulphurisation (DHDS) catalyst,
a special Indicat catalyst for Bharat Stage-IV compliant Diesel, IndVi catalyst
for improved distillate yield and FCC throughput, and adsorbent based deep desulphurisation
process for gasoline and diesel streams
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Redefining the horizon
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In Petrochemicals, IndianOil offers
a full slate of products including Linear Alkyl Benzene (LAB), Purified Terephthallic
Acid (PTA) and an extensive range of polymers. IndianOil holds a significant market
share of LAB in India and exports to 19 countries. It is also one of the largest
suppliers of Mono-Ethylene Glycol (MEG) in the domestic market clocking a sales
volume of 151 TMT during 2010-11. Execution of a state-of-the-art 120,000 tonnes
per annum Styrene Butadiene Rubber (SBR) unit is underway at Panipat. The SBR unit
is expected to further strengthen IndianOil’s presence in the speciality petrochemicals
sector.
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Exploration & Production, IndianOil's domestic portfolio includes
11 oil and gas blocks and 2 CBM blocks in India including 2 blocks as part of a
consortium under NELP-VIII (blocks GK-OSN-2009/1 and GK-OSN-2009/2). The overseas
portfolio includes ten blocks spread across Libya, Iran, Gabon, Nigeria, Timor-Leste
and Yemen. Exploration activities are at various stages of progress. In addition,
as part of consortium, IndianOil has been awarded Project -1 in the Carabobo heavy
oil region of Venezuela. To boost E&P activities, IndianOil has incorporated Ind-OIL
Overseas Ltd. – a special purpose vehicle for acquisition of overseas E&P assets
– in partnership with Oil India Ltd.
Natural Gas
marketing is another thrust area for IndianOil with special focus on City Gas Distribution
(CGD) business. The Corporation has entered into franchise agreements with several
CGD players to market Compressed Natural Gas through its retail outlets. During
2010-11, gas sales grew by an impressive 20.7% to 2.3 million tones from 1.91 million
tones in the previous year.
IndianOil's joint venture with GAIL India Ltd. - Green Gas Ltd. – is authorised
to take up city gas distribution in Agra. A long term gas supply agreement has been
signed with NTPC. IndianOil is setting up a 5 MMTPA LNG import, storage & regassification
terminal at Ennore (outskirts of Chennai). This LNG Terminal would be first of its
kind on the East Coast of India.
 Furthermore, in consortium with GSPC, HPCL and BPCL, IndianOil has won gas pipeline
bids for Mallavaram to Bhilwara and Vijaypur via Bhopal, Mehsana to Bhatinda and
Bhatinda to Jammu and Srinagar.
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Venturing into alternative fuels
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IndianOiI has forayed into alternative energy options such as wind, solar, bio-fuels
and nuclear power. A 21 MW wind power project is operational in the Kutch district
of Gujarat. The solar power initiative is being spearheaded on a pilot basis in
Orissa, Karnataka and the Northeast and a pan-India phased roll-out is underway.
Solar products such as solar lanterns and torches are being sold through the Retail
Outlets in rural and urban areas. With a view to investing in the nuclear energy
sector in the country, IndianOil has entered into an agreement with the Nuclear
Power Corporation of India Ltd.
IndianOil has the largest captive plantation – over 1,000 hectares – for bio-fuel
production in India which is underway in the States of Chattisgarh and Madhya Pradesh,
generating rural employment. To straddle the complete bio-fuel value chain, IndianOil
has formed a joint venture with the Chhattisgarh Renewable Development Authority.
IndianOil CREDA Biofuels Ltd. has been formed to carry out farming, cultivating,
manufacturing, production and sale of biomass, bio-fuels and allied products and
services in Chattisarh. In Uttar Pradesh, IndianOil is establishing a model value
chain for the production of bio-diesel. A MoU for collaborating on commercial production
of bio-diesel from algae has also been signed with PA LLC
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IndianOil. The Energy of India
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With facilities at multiple locations and ever-expanding market opportunities, IndianOil
is poised to become an integrated energy company. As the flagship public sector enterprise of India, IndianOil has also successfully combined its corporate social responsibility agenda with its business offerings, meeting the energy needs of millions of people every day, across the country.
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Updated on January 27, 2012
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