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Born from the vision of achieving self-reliance in oil refining and marketing for the nation, IndianOil has gathered a luminous legacy of more than 100 years of accumulated experiences in all areas of petroleum refining by taking into its fold, the Digboi Refinery commissioned in 1901.
IndianOil controls 10 of India’s 19 refineries. The group refining capacity is 60.2 million metric tonnes per annum (MMTPA) or 1.2 million barrels per day -the largest share among refining companies in India. It accounts for 40.4% share of national refining capacity.
The strength of IndianOil springs from its experience of operating the largest number of refineries in India adapting to a variety of refining processes along the way. The basket of technologies, which are in operation in IndianOil refineries include: Atmospheric/Vacuum Distillation; Distillate FCC/Resid FCC; Hydrocracking; Catalytic Reforming, Hydrogen Generation; Delayed Coking; Lube Processing Units; Visbreaking; Merox Treatment; Hydro-Desulphirisation of Kerosene&Gasoil streams; Sulphur recovery; Dewaxing, Wax Hydro finishing; Coke Calcining, etc.
The Corporation has commissioned several grassroot refineries and modern process units. Procedures for commissioning and start-up of individual units and the refinery have been well laid out and enshrined in various customized operating manuals, which are continually updated.
IndianOil refineries have an ambitious growth plan with an outlay of about Rs. 45,000 crore for capacity augmentation, de-bottlenecking, bottom upgradation and quality upgradation. Major projects under implementation include Naphtha Cracker at Panipat, resid upgradation project at Gujarat Refinery, hydrocracker unit and capacity augmentation project at Haldia Refinery, and expansion of Panipat Refinery from 12 to 15 MMTPA. In addition, petrol quality upgradation projects are under implementation at Panipat, Mathura, Barauni, Guwahati and Digboi refineries for completion by the end of 2009. In-principle approval of the Board for setting up a 15 MMTPA grassroots refinery integrated with petrochemicals units (paraxylene, propylene and styrene) at Paradip has been obtained and the detailed feasibility report is under preparation. The project is scheduled for completion by October 2011.
On the environment front, all IndianOil refineries fully comply with the statutory requirements. Several Clean Development Mechanism projects have also been initiated. To address concerns on safety at the work place, a number of steps were taken during the year, resulting in a reduction in the frequency of accidents.
Innovative strategies and knowledge-sharing are the tools available for converting challenges into opportunities for sustained organisational growth. With strategies and plans for several value-added projects in place, IndianOil refineries will continue to play a leading role in the downstream hydrocarbon sector for meeting the rising energy needs of our country. |
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