Awards and Recognitions


IndianOil’s Octamax technology wins country’s top technology award

History was made yet again when Octamax technology developed by IndianOil R&D swept the country’s top technology award. The much-coveted award was presented by Dr. Jitendra Singh, Hon’ble Minister of State for Science and Technology (I/c), to IndianOil R&D team led by Dr. SSV Ramakumar, Director (R&D).


Dr. Madhusudan Sau, ED (Refining Technology), in a glittering event that saw the presence of India’s top technocrats and luminaries from the domain of science & technology from across the country. Dr. Srivari Chandrsekhar, Chairperson, TDB & Secretary, Department of Science and Technology, was also present. IndianOil was declared winner of the coveted National Award-2022 under the category “Successful Commercialization of Indigenous Technology” for commercialization of Octamax® Technology. The recognition carries a cash award of Rs. 25 Lakhs and a trophy. IndianOil was adjudged first in the Category A of the National Awards alongside a medical devices company that also won this prestigious award for fluting stents.


IndianOil wins ‘Best PSU for the Promotion of Sports Award’ at Sportstar Aces 2022

IndianOil's sports policy was formulated and implemented in the year 2003, which included recruitment, performance evaluation, promotion, redesignation, facilities for sportspersons, kit items policy, and code of conduct. From humble beginnings, IndianOil now has a sanction of having 115 sports players on its payroll.


A total of 160 sports persons have been recruited by IndianOil till date. In November last year, the Corporation was bestowed with the 'Rashtriya Khel Protsahan Purskar', by President of India, Mr Ram Nath Kovind, acknowledging the indelible imprints that the Corporation has left on the country's sporting circuit.


IndianOil bags the prestigious Asian Oil and Gas Award for Covid Management and New Product of the Year

Adding another feather to its cap, IndianOil bagged the prestigious Asian Power's Asian Oil & Gas Awards in two major categories of 'Covid Management Initiative of the Year' and 'New Product of the Year' in India.


Singapore-based quarterly publication, Asian Power has instituted the award to acknowledge companies that play an influential role in transforming Asia's oil and gas industry. The coveted award under the 'Covid Management Initiative of the Year' recognises IndianOil's unrelenting social endeavours amidst the pandemic. The social outreaches included the diversion of high-purity oxygen used in IndianOil's Panipat Refinery & Petrochemical Complex to shore up medical oxygen supplies not only in India but beyond. Other welfare measures of IndianOil, including the rollout of Sanjeevani Express to strengthen LMO logistics and vaccination drives for stakeholders, were also appreciated. Asian Oil and Gas Award for 'New Product of the Year' was bestowed on IndianOil for launching India's first 100 Octane and best-in-class premium fuel XP100.


IndianOil bags the top prize at the MoP&NG Swachhta Pakhwada Awards

IndianOil has been conferred with 1st Rank for its diligently crafted cleanliness initiatives and activities during the Swachhta Pakhwada held from July 1-15, 2021. Mr Hardeep Singh Puri, Minister for Petroleum

Natural Gas and Housing & Urban Affairs handed over the Swachhta Trophy to Mr S M Vaidya, Chairman, IndianOil.
The Minister applauded the efforts made by IndianOil for undertaking various Swachhta activities across the country and strengthening India's quest for a cleaner tomorrow. The award ceremony was attended by senior ministry officials and other OMCs.
IndianOil undertook 45719 Swachhta activities across India under 25 activity categories during the Swachhta Pakhwada (July 1-15, 2021), wherein 12.66 Lakh persons participated.


“A healthy workplace holds the key to sustained business excellence” – Chairman, as IndianOil bags the Global Healthy Workplace Award.

It's a matter of great pride for IOCians as IndianOil emerged as the first Indian PSU to win the Global Healthy Workplace Award 2021 in the 'Large Scale Industry' category.


The coveted award was received by Mr S M Vaidya, Chairman, on behalf of IndianOil, in a scintillating virtual ceremony held at Corporate Office today. The award acknowledges IndianOil's unwavering focus on upholding best healthy practices at the workplace. The award also honours the company's extensive endeavours to support its employees' mental and physical wellbeing to nurture a happy, positive and productive workplace.


"Team IndianOil is geared up to meet India's rising energy demand"- Chairman while accepting Dunst and Bradstreet PSU Award 2021 for IndianOil.

Accepting the award on behalf of Team IndianOil, Mr Vaidya, Chairman said, "For several decades now, the Public Sector Enterprises in India have been playing a defining role in powering India's rise as a global economic giant.


At IndianOil, we pride ourselves as the 'Energy of India', committed to fueling national growth engines at all times, against all odds. Acknowledgement of our unwavering commitment to serve through special awards like the Dun & Bradstreet India's Top PSU Award 2021 means a lot and strengthens our resolve to scale new heights of excellence. I thank Team Dun & Bradstreet for recognizing IndianOil's exceptional contributions in the Petroleum Sector. I can assure you that Team IndianOil is geared up to cater to the exponential rise in India's energy demand in the years to come while meeting the nation's sustainability goals and green aspirations".


Chairman conferred CMD Leadership Award at the Governance Now 8th PSU Awards

Chairman, IndianOil, Mr Shrikant Madhav Vaidya, was conferred the prestigious CMD Leadership Award at the Governance Now 8th PSU Awards Ceremony held today on a virtual platform for leading IndianOil to exemplary performance during 20-21

Maintaining fuel/LPG supplies across the nation & augmenting Oxygen supplies during the Pandemic.
Chairman received the award in the presence of Mr Tarun Kapoor, Secretary, MoP&NG and Dr Kiran Bedi, former Governor of Puducherry.
Speaking on the occasion, Secretary, MoP&NG, lauded the contributions made by the PSUs towards nation-building, which include setting up manufacturing units in far-flung areas, supplying trained manpower, setting up skill development centres across the country.