IndianOil refineries achieve new record
Mumbai   11-Apr-2011


Mr. B N Bankapur, Director (Refineries), IndianOil

IndianOil Refineries have garnered a new record of crude throughput of 53 Million Metric Tonnes and achieving capacity utilisation of 102 percent, which is better that the world average. IndianOil Refineries thus recorded a capacity utilisation of over 100 percent for the fourth year in a row and attaining a distillate yield of 75.3 percent by weight despite planned revamps, shut downs and implementation of projects in all the refineries. IndianOil Refineries Division displayed all round excellence in its operations and other vital parameters. B N Bankapur, Director (Refineries), shared this while addressing the employees through a live webcast across IndianOil. He said that the refinery capacity expansion at Panipat and Haldia helped IndianOil reclaim its position as the country's number one refiner during the fiscal year 2010-11. The Division also completed projects for auto fuel up gradation at all the refineries and commencement of the timely supply of Bharat Stage III and Stage IV petrol and diesel across the country. He said that the Delayed Coker Unit (DCU) of Residue Upgradation project was also commissioned at Gujarat Refinery.