Latest Exclusives November 29, Click column Special Database for details. Click Special Database for details. Crude Oil Imports Up By
The company was renamed as Indian Oil Corporation on September 1, following the merger of Indian Refineries established with it. The Indian Oil Group of companies owns and operates ten of India's 20 refineries with a combined refining capacity of These include two refineries of subsidiary Chennai Petroleum Corporation.
The corporation's cross—country network of crude oil and product pipelines, spanning over 10, km and the largest in the country, meets the vital energy needs of the consumers in an efficient, economical and environment—friendly manner.
IOC reaches precious petroleum products to millions of people everyday through a countrywide network of about 35, sales points. They are backed for supplies by bulk storage terminals and depots, aviation fuel stations and 89 Indane LPG bottling plants.
About 7, bulk consumer pumps are also in operation for the convenience of large consumers, ensuring products and inventory at their doorstep. The company operates the largest and the widest network of petrol and diesel stations in the country, numbering over 18, It reaches Indane cooking gas to the doorsteps of over 53 million households in nearly 2, markets through a network of about 5, Indane distributors.
The corporation also enjoys a dominant share of the bulk consumer business, including that of railways, state transport undertakings, and industrial, agricultural and marine sectors. Besides pioneering work in lubricants formulation, refinery processes, pipeline transportation and alternative fuels, the centre is also the nodal agency of the Indian hydrocarbon sector for ushering in hydrogen fuel economy in the country.
The centre holds active patents, including international patents. Large format Swagat brand outlets cater to highway motorists, with multiple facilities such as food courts, first aid, rest rooms and dormitories, spare parts shops, etc.
Specially formatted Kisan Seva Kendra outlets meet the diverse needs of the rural populace, offering a variety of products and services such as seeds, fertilisers, pesticides, farm equipment, medicines, spare parts for trucks and tractors, tractor engine oils and pump set oils, besides auto fuels and kerosene.
In addition, Indian Oil has two onshore type? It also has participating interest in an onshore block in Assam and Arunachal Pradesh through a farm—in. In natural gas business, IOC sold 1. A technology innovation has been initiated to reach LNG Liquefied Natural Gas directly to the doorstep of bulk consumers in cryogenic containers for industrial as well as captive power applications.
Indian Oil CREDA Biofuels Limited has been formed for carrying out farming, cultivating, manufacturing, production and sale of biomass, bio—fuels and allied products and services. A pilot project of jatropha plantation on hectares of revenue wasteland is underway in Jhabua district in Madhya Pradesh to ascertain the feasibility of revenue land—based commercial biodiesel units and to develop benchmarks for plantation costs and output.
It has forayed into wind energy business with the commissioning of a Rs crore, 21 MW wind power project in the Kutch district of Gujarat.
The cumulative power generation from the 14 wind turbine generators has crossed lakh KW since commissioning in January The company has also commissioned two pilot solar lantern charging stations at its Kisan Seva Kendra at Sathla near Meerut and Chokoni near Bareilly.
For over two decades now, Indian Oil has been providing technical and manpower secondment services to overseas companies. Its major facilities include an oil terminal at Trincomalee, Sri Lanka's largest petroleum storage facility and an 18, tonnes per annum capacity lubricants blending plant and state—of—the—art fuels and lubricants testing laboratory at Trincomalee.
In a highly competitive bunker market, catering to all types of bunker fuels and lubricants at all ports of Sri Lanka, viz, Colombo, Trincomalee and Galle.
It is the major supplier of lubricants and greases to the three arms of the defence services of Sri Lanka. LIOC's market share in petrol increased stands at NIIR PROJECT CONSULTANCY SERVICES offers a huge range of publications project reports and profiles on varoious industrial and profitable projects with complete details of pre-feasibility, market survey, capital requirement, rate of return and break even point.
The plan includes spending Rs, crore in the 15 million tonnes a year from Paradip oil refinery in Odisha. Indian Oil Corporation (IOC), India’s largest oil .
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