IndianOil is the largest commercial enterprise of India and the top ranked Indian company in Fortune 'Global 500' list. The corporation is ranked 137th in the Fortune 'Global 500' listings for 2018. IndianOil, with its 33,157 strong team is taking the lead to meet India's energy demands efficiently and effectively, since last five decades, and an enterprise that fulfils India's energy demand for inclusive development.
IndianOil's business interests extend across the entire hydrocarbon value chain - from exploration & production, refining, pipeline transportation to marketing of petroleum and petrochemical products besides foraying into alternate energy. IndianOil is headquartered in New Delhi and works relentlessly with its subsidiaries. IndianOil is pursuing diverse business interests with its 15 joint ventures with reputed business partners from India and fulfilling global aspirations through its subsidiaries in Sri Lanka, Mauritius, the UAE, Sweden, the USA, Singapore and the Netherlands. The corporation has also opened new overseas offices in Yangon, Myanmar and Dhaka, Bangladesh towards expanding marketing of finished petroleum products, Petrochemicals, Lubricants etc. in the neighbouring countries as well as development of infrastructure.
With its ubiquitous presence across diverse topographies – deserts, mountains, plains, islands-IndianOil is committed to serve the nation and partake in holistic growth for all strata.
IndianOil witnessed an exceptional performance during 2017-18 with the highest turnover of ₹5,06,428 Crore, record net profit of ₹21,346 Crore and became the most profitable PSU for the second year in a row. The year, 2017-18 has been a landmark year for IndianOil as it started dispensing BS VI complaint fuels in Delhi region meeting the government deadline.
As a leader in the Oil & Gas business in India, IndianOil accounts for nearly half of India's petroleum products. With its ubiquitous presence across diverse topographies – deserts, mountains, plains, islands- IndianOil is committed to serve the nation and partake in holistic growth for all strata market share.
During 2017-18, IndianOil sold 88.76 million tonnes of products (including petroleum products, gas, petrochemicals, explosives and exports). As on 31st March 2018, IndianOil has over 47,800 customer touch points, through which we reach out to all sections of society.
With 80.7 Million Metric Tonnes Per Annum (MMTPA) refining capacity, IndianOil and its group companies own 33% of national refining capacity and operate 11 of India's 23 refineries. During the year, IndianOil refineries have registered a record crude throughput of 69 MMT.
With a pipeline network of 13,391 km, IndianOil owns 71% downstream sector pipelines capacity. The pipelines have registered a highest ever throughput of 85.68 MMT during the year 2017-18. IndianOil is engaged in exploration activities in 9 domestic blocks and 10 overseas blocks, with participating interest ranging from 3% to 100%. IndianOil is the second largest polymer player in the country.
IndianOil's sprawling R&D Centre at Faridabad is one of Asia's finest and plays a key role in supporting it's business interests by developing economical and environment friendly products/ technology solutions. As on 31st March 2018, IndianOil holds 611 active patents. Under IndianOil's start-up programme, 11 projects were selected in 2017-18 for funding and incubation.
Having forayed into alternate energy business, IndianOil owns 202 MW of renewable energy capacity as on 31st March 2018. As a responsible corporate citizen, IndianOil undertakes a number of social welfare and community development programmes throughout the country.IndianOil spent L331.05 Crore on CSR initiatives. IndianOil lead the implementation of the Pradhan Mantri Ujjwala Yojana (PMUY) by releasing 1.67 Crore new LPG connections since the launch of the programme in May 2016.