### **Overview** Indian Oil Corporation Limited (IndianOil) is India's largest and most integrated energy major, operating across the entire hydrocarbon value chain—upstream, midstream, and downstream. Ranked among the Fortune 500 companies, IndianOil serves over a billion people daily through a vast network of more than 63,000 customer touchpoints and plays a central role in India’s energy security. Headquartered in New Delhi, the company is led by an experienced leadership team with decades of expertise in refining, petrochemicals, R&D, and emerging energy sectors. With a vision to transform into a **global, low-carbon, 360-degree energy solutions provider**, IndianOil is strategically diversifying into renewables, green hydrogen, electric mobility, and biofuels, while continuing to strengthen its core refining and marketing dominance. --- ### **Operational & Infrastructure Growth (FY05–FY25)** Over the past two decades, IndianOil has demonstrated robust expansion and modernization: - **Refining Capacity**: Increased from **54.2 MMT (FY05)** to **80.7 MMT (FY25)** – a **49% growth**, making it the largest refiner in India with 28% of national capacity. - **Pipeline Network**: Expanded from **7,700 km to over 20,000 km** – a **160% increase**, with a liquid capacity of **124.4 MMTPA** and gas capacity of **48.7 MMSCMD**. - **Marketing Touchpoints**: Grew from **18,500 to over 63,000** – a **241% increase**, including more than **37,500 fuel stations, 2,110 CNG stations, and 85 CBG stations**. - **Petrochemicals**: Capacity surged from **0.12 MMT to 4.3 MMT annually** – a staggering **3,483% growth**, positioning IndianOil as the **second-largest petrochemical producer** in India under the **PROPEL** brand. - **LPG Infrastructure**: Operates **110 bottling plants** and supplies **over 26 lakh households daily** via **24,600 delivery vehicles**. --- ### **Strategic Diversification and Future Vision** IndianOil is executing a multi-pronged transformation strategy across energy verticals to secure long-term sustainability and growth. #### **1. Petrochemicals Expansion** - Aims to raise petrochemical production from 4.3 MMT (2025) to **13–13.6 MMT by 2030**. - Targeting a **Petrochemical Intensity Index (PII) of 15% by 2030**, up from **6.11% in 2024**, integrating petrochemicals into all future refinery expansions. - Key projects: - **Paradip Petrochemical Complex (Odisha)**: ₹61,000 crore investment approved; largest single-site project, to produce PVC, phenol, isopropyl alcohol, and polymers. - **Panipat Cracker Expansion (Haryana)**: Phase II will boost naphtha cracking and ethylene/propylene output. - **Oxo-Alcohol and PVC Projects** in Gujarat. - **Butyl Acrylate, Polypropylene, and Polyester Fibre Units** underway. - Brand **CYCLOPLAST** launched to market **100% recycled plastics**, supporting a circular economy. #### **2. Natural Gas & LNG** - Natural gas sales reached **6.5 MMT in FY24** (up 49% YoY), capturing **13% market share**. - **Dhamra LNG Terminal (Odisha)** commissioned in Jul 2024, enhancing eastern coast access and linking to **Barauni & Paradip refineries**. - Plans to **triple natural gas sales by 2030**, backed by: - LNG supply agreements: **2 MMTPA from ADNOC (UAE)** and **2.25 MMTPA via Petronet LNG from Qatar Energy**. - Expansion of **Ennore LNG Terminal capacity from 5 to 10 MMTPA**. - Development of **16 LNG retail stations** along Golden Quadrilateral highways. - Operates **26 Geographical Areas (GAs)** in CGD with **277 CNG stations**, serving **280 TPD of gas**, and expanding to **49 GAs** by 2030. #### **3. Refining & Downstream Expansion** - Current refining capacity: **70.25 MMTPA**, with expansion plans to **87.9 MMTPA by 2026**. - Major brownfield expansions underway: - **Panipat Refinery (Haryana)**: 15 → 25 MMTPA. - **Gujarat Refinery (LUPECH Project)**: 13.7 → 18 MMTPA. - **Barauni Refinery (Bihar)**: 6 → 9 MMTPA. - **Digboi Refinery (Assam)**: 0.65 → 1.0 MMTPA. - New **9 MMTPA greenfield refinery** under development in **Nagapattinam (Tamil Nadu)** via joint venture with **Chennai Petroleum Corporation Ltd (CPCL)**. - **INDMAX Technology**: Indigenous Fluid Catalytic Cracking (FCC) process commercialized globally (e.g., in Serbia), boosting high-octane fuel and LPG yields. #### **4. Alternative & Renewable Energy** ##### **Green Hydrogen & Fuel Cells** - Targeting **50% of hydrogen consumption to be green by 2030**. - Commissioning **~1 TPD green hydrogen pilot plant** using solar electrolysis; **5 kg/hr biomass gasification** unit with IISc. - Has **indigenous high-pressure hydrogen cylinder (Type-3)** development underway with IIT Kharagpur. - Operates **India’s first hydrogen fueling stations** at **Faridabad R&D Centre and Gujarat Refinery**. - Joint ventures: - With **ReNew Power and L&T** for green hydrogen production. - With **L&T for electrolyser manufacturing**. - Deployed **15 PEM fuel cell buses in Delhi NCR**, with plans to scale across defense, tourism, and public transport. ##### **Electric Mobility & Battery Ecosystem** - Operates **10,028 EV charging stations (59.7% of India's total)** and **99 battery swapping stations**. - Formed key JVs: - **IOC Phinergy Pvt Ltd (50:50)** with **Phinergy (Israel)** to commercialize **aluminum-air (Al-air) batteries** for EVs and telecom backup. - **Joint venture with Panasonic (Japan)** for **lithium-ion battery manufacturing** (1 GWh by 2027, expanding to 5 GWh by 2031). - **IOC-Sun Mobility JV** to establish **India's largest battery swapping network** for 2- and 3-wheelers, expanding to heavy vehicles. - Developing **domestic battery supply chains**, advanced chemistries, and **dedicated battery manufacturing units**. ##### **Biofuels & Waste-to-Energy** - India’s first producer of **E100 and E20 ethanol fuels**. - **E20 available at 5,700+ outlets**. - **E100 launched in New Delhi, available at 400 outlets**. - **IndiGreen** – first commercial **Compressed Biogas (CBG)** brand. - **7.8 TMT sold in FY24**, **31 plants commissioned**, over **1,700 Letters of Intent issued** under SATAT. - JV with **GPS Renewables** for large-scale CBG plants. - Piloting **Sustainable Aviation Fuel (SAF)** with partners like **LanzaJet**. ##### **Solar & Hydrogen Readiness** - Developed **indoor solar cooking system**, piloted in Leh, Delhi, and Lakshadweep. - Licensing technology to vendors for **mass manufacturing and commercialization**. - **R&D Centre in Faridabad** evaluating **hydrogen blending in pipelines** (pilot study with **SNAM, Italy**) on **Dadri-Panipat Pipeline (DPPL)**. --- ### **International Expansion** - Global presence via subsidiaries in: - **Sri Lanka (Lanka IOC)**, **Mauritius**, **UAE (IOC Middle East FZE)**, **Sweden**, **USA**, **Netherlands**, and **Singapore**. - Joint ventures in: - **Bangladesh (Beximco IOC Petroleum & Energy Ltd.)** for LPG and downstream operations. - **Nepal (with Hansraj Hulaschand & Co)** for a lube blending plant. - Exports: - Petroleum products to **Bangladesh, Sri Lanka, Indonesia, Thailand**. - **AVGAS 100 LL** (aviation fuel) exported to **Papua New Guinea, Indonesia, Sri Lanka**. - **STORM Ultimate Racing Fuel** (FIM Category 2) exported to **Thailand**. - **Overseas E&P Assets**: 18 domestic and 11 international blocks across **Canada, UAE, Oman, Russia, Venezuela, Nigeria, Libya, Gabon**, and the **USA**. --- ### **Innovation & R&D Leadership** - **Faridabad R&D Centre (est. 1972)**: One of India’s most advanced energy research campuses. - **454 scientists**, ₹946 crore R&D spend in FY24. - **1,736 patents filed**, highest among PSU oil companies. - Core R&D areas: **Refining, lubricants, petrochemicals, hydrogen, solar, e-mobility, carbon capture, nanotech, and biofuels**. - Developing **second R&D campus (₹3,200 crore)** in Faridabad focused on **alternative energy technologies**. - Launched **IndS-UP Startup Scheme**, partnering with **Vasitars** for nano-repair technology for pipelines. --- ### **Leadership & Governance** Key leaders shaping IndianOil’s future: - **Shri Arvinder Singh Sahney (Chemical Engineer, HBTI Kanpur)**: - Instrumental in commissioning **Paradip Refinery (15 MMTPA)**. - Leads petrochemical business and upcoming **Paradip Petrochemical Complex**. - Chairs **Terra Clean Limited** (low-carbon initiatives) and is director at **IndOil Montney Ltd (Canada)**. - **Shri Alok Sharma (IIT-Delhi, Chemical Eng)**: - Former Director (R&D), led development of **hydrocracker, HCNG trials, green hydrogen**, and **3G ethanol** projects. - **Shri N. Senthil Kumar (Director, Pipelines)**: - Overseeing **national pipeline digitalization, security, and hydrogen readiness**. --- ### **Marketing & Customer Engagement** - **Branded Fuels**: - **XP100** (100-octane): Available in **100 cities** and **Sri Lanka**. - **XP95** (95-octane): Sold at **11,700+ stations**, 58.2% market share. - **XtraGreen Diesel**: At **7,200+ stations**, **96.5% market share**. - **LPG Innovations**: - **Indane Chhotu (5 kg)** and **Munna (2 kg)** cylinders target **migrant workers and street vendors**. - **Tatkal 2-hour delivery** pilot launched. - Digital Platforms: - **'IndianOil One' app** – top 50 business app in India. - **ePIC platform** for unified customer experience. - **XTRAREWARDS** partnered with Maruti, Hyundai, Paytm, PhonePe, and Google Pay. --- ### **Sustainability & National Contribution** - Supports **Make in India**: - **Indigenous catalyst manufacturing unit (Panipat)**. - **Self-reliance in AVGAS, racing fuel, and catalysts**. - **Carbon Transition Vision**: - Aims for **Net-Zero operations by 2046**. - **Gas as a transitional fuel**, green hydrogen, and renewables at the core. - **Ujjwala Yojana**: Key LPG supplier under government scheme, promoting clean cooking fuel. ---