IndianOil (Mauritius) Ltd

 

 

 

Being The Energy of India is much more than just notching up a high revenue (Rs 5,14,890 crore revenue from operations in 2020-21). It is far more than being the highest-ranked Indian Energy PSU (Rank 212) in Fortune's 'Global 500' listing and the vision to become 'A Globally Admired Company.'

 

Being The Energy of India is about IndianOil, with its over 33,500-strong team, taking the lead in meeting India's energy demands efficiently and effectively today, just as it has done over the last six decades and an enterprise that fuels India's core sector for economic development.

 

Being The Energy of India is about IndianOil's business interests encompassing the entire hydrocarbon value chain- from refining, pipeline transportation & marketing, to exploration & production of crude oil & gas, petrochemicals, gas marketing, alternative energy sources and globalisation of downstream operations.

 

Being The Energy of India is also about IndianOil's global aspirations, fulfilled to an extent by the formation of subsidiaries in several countries, including Sri Lanka, Mauritius, the UAE. It is about pursuing diverse business interests by setting up multiple strategic joint ventures with reputed business partners from India and abroad to explore global opportunities.

 

As The Energy of India, IndianOil accounts for nearly half of India's petroleum products market share, with sales of 81.027 million metric tonnes (MMT) in the year 2020-21. IndianOil has a group refining capacity of 80.55 MMTPA and over 15,000 KM of pipeline network dedicated to fuel India's economic rise. IndianOil led the downstream PSUs in becoming fully BS-VI compliant, ensuring a seamless pan-India transition from BS-IV directly to BS-VI grade transport fuels by 16th March, 2020, a full fortnight ahead of the 1st April 2020 deadline.

 

IndianOil's cross-country pipeline network facilitates crude oil transportation to refineries and finished products to high-demand centres in an efficient, economical, and environment-friendly manner. The network has been globally benchmarked as the safest, cost-effective, energy-efficient and environment friendly and stands as a firm testimony to our engineering brilliance.

 

As the commercial enterprise with the largest customer interface in India, IndianOil reaches precious petroleum fuels to every nook and corner of the country through its network of over 56,000 customer touch-points, surmounting the challenges of tough terrain, climate and accessibility. This includes 32,000+ fuel stations (petrol pumps), including Kisan Seva Kendra (KSK) outlets in rural markets, all of them fully automated for quality & quantity assurance. For the convenience of large-volume consumers like the defence services, railways, state transport undertakings, industrial, agricultural and marine sectors, IndianOil has close to 7,000 dedicated fuel pumps in operation at their doorstep to ensure timely delivery of products and efficient maintenance of inventory.

 

For IndianOil, all customers, bulk or retail, are equal and have the right to quality products and efficient services. With this belief, the IndianOil team reaches Indane LPG cooking gas right up to the doorsteps of households through a network of over 12,700 distributors. The Corporation is promoting LPG aggressively as a clean cooking fuel across socio-economic divides. IndianOil's Aviation Service commands a majority market share in aviation fuel, serving national and international flag carriers, private airlines and the Indian defence services with equal efficiency.

 

The countrywide marketing network is backed for supplies by 118 bulk storage terminals and depots and 95 LPG bottling plants, besides 121 aviation fuel stations and 10 lube blending plants. As the 'company of choice' for millions of customers from diverse segments, IndianOil has also built up a portfolio of leading energy brands, including Indane LPG cooking gas, SERVO lubricants, XP100 100-Octane petrol, XtraTej, PROPEL petrochemicals, etc. Besides the corporate brand, both SERVO and Indane are over 50-year-old brands and have earned the coveted Superbrand status.

IndianOil's sprawling R&D Centre at Faridabad, one of Asia's finest in downstream petroleum R&D, offers competitive advantage to the Corporation through world-class technology and process solutions and innovative products. With over six decades of pioneering work in lubricants formulation, refinery processes and pipeline transportation, the Centre has over 1160 effective patents.

 

Over 1000 grades of lubricants developed by R&D are marketed under the super lubricant brand name "SERVO" encompassing every conceivable application for complete lubrication solutions in the automotive, industrial and marine segments. The centre further act as a solution provider to the rising demand for innovative lubricants to achieve fuel economy & energy efficiency, especially for the Indian Defense Forces, by indigenising the specialised products. We have also demonstrated our innovative prowess in development of basket of technologies, highly relevant in the emerging scenario, and their successful commercialization.

 

Upstream integration into E&P defines IndianOil's vision to bolster its energy security by way of strategic investments in oil equity across the globe. The Upstream portfolio consists of 9 domestic and 11 overseas assets. With an upstream integration ratio over 5% and a balanced portfolio of producing, discovered and exploration assets, the Corporation has achieved significant progress in terms of 2P reserves, production volumes, equity oil and revenues.

 

Besides a concerted focus on refinery expansions, new technologies for clean fuels & enhanced outputs, and refinery-petrochemicals integration, IndianOil is aggressively leveraging its R&D expertise to move into horizon technologies like 2G & 3G ethanol, bio-fuels, coal gasification, H-CNG, Green Hydrogen, Hydrogen fuel cells, battery technologies, etc. These technologies, along with cleaner fuels and higher engine efficiencies, can offer sustainable solutions to today's energy challenges.