INTRODUCTION:-

IndianOil is India's flagship national oil company with business interests straddling the entire hydrocarbon value chain from refining, pipeline transportation and marketing of petroleum products to exploration & production of crude oil & gas, marketing of natural gas and petrochemicals. It is the leading Indian corporate in the Fortune 'Global 500' listing, ranked at the 83rd position in the year 2012. With over 34,233-strong workforce, IndianOil has been helping to meet Indias energy demands for over half a century. With a corporate vision to be the Energy of India, IndianOil closed the year 2011-12 with a sales turnover of Rs. 4,09,957 crore ($ 85,550 million) and profits of Rs. 3,955 crore ($ 825 million). At IndianOil, operations are strategically structured along business verticals Refineries, Pipelines, Marketing, R&D Centre and Business Development E&P, Petrochemicals and Natural Gas. To achieve the next level of growth, IndianOil is currently forging ahead on a well laid-out road map through vertical integration upstream into oil exploration & production (E&P) and downstream into petrochemicals and diversification into natural gas marketing and alternative energy, besides globalisation of its downstream operations. Having set up subsidiaries in Sri Lanka, Mauritius and the United Arab Emirates (UAE), IndianOil is simultaneously scouting for new business opportunities in the energy markets of Asia and Africa.

Indian oils joint ventures:

Indian Oil Bhavan, New Delhi.

IndianOil (Mauritius) Ltd. Lanka IOC PLC Group company for retail and storage operations in Sri Lanka. It is listed in the Colombo Stock Exchange. It was locked into a bitter subsidy payment dispute with Sri Lanka's Government which has since been resolved IOC Middle East FZE Chennai Petroleum Corporation Limited Green Gas Ltd. a joint venture with Gas Authority of India Ltd. for citywide gas distribution networks. Indo Cat Pvt. Ltd., with Intercat, USA, for manufacturing 15,000 tonnes per annum of FCC (fluidised catalytic cracking) catalysts & additives in India. IndianOil CREDA Biofuels Ltd., a joint venture with Chattisgarh government for production and marketing of Bio-fuels. Numerous exploration and production ventures with Oil India Ltd., Oil and Natural Gas Corporation

History:
IndianOil began operation in 1959 as Indian Oil Company Ltd. The Indian Oil Corporation was formed in 1964, with the merger of Indian Refineries Ltd.

Reach and Network IndianOil and its subsidiary (CPCL) account for over 49% petroleum products market share, 31% national refining capacity and 71% downstream sector pipelines capacity in India.

The IndianOil Group of companies owns and operates 10 of India's 22 refineries with a combined refining capacity of 65.7 million metric tonnes per annum (MMTPA, .i.e. 1.30 million barrels per day approx.). IndianOil's cross-country network of crude oil and product pipelines spans 10,909 km with a capacity of 75.55 MMTPA of crude oil and petroleum products and 10 MMSCMD of gas. This network is the largest in the country and meets the vital energy needs of the consumers in an efficient, economical and environment-friendly manner. It has a portfolio of powerful and much-loved energy brands that includes Indane LPGas, SERVO lubricants, XtraPremium petrol, XtraMile diesel, PROPEL & petrochemicals, etc. Validating the trust of 66.8 million households, Indane has earned the coveted status of 'Superbrand' in the year 2009.

IndianOil has a keen customer focus and a formidable network of customer touch-points dotting the landscape across urban and rural India. It has 20,575 petrol and diesel stations, including 4,225 Kisan Seva Kendras (KSKs) in the rural markets. With a countrywide network of over 38,000 sales points, backed for supplies by 139 bulk storage terminals and depots, 3,960 SKO/LDO dealers (60% of the industry), 96 aviation fuel stations and 89 LPGas bottling plants, IndianOil services every nook and corner of the country. Indane is present in almost 2764 markets through a network of 5,934 distributors (51.6% of the industry). About 7780 bulk consumer pumps are also in operation for the convenience of large consumers, ensuring products and inventory at their doorstep. IndianOil's ISO-9002 certified Aviation Service commands an enviable 63% market share in aviation fuel business, successfully servicing the demands of domestic and international flag carriers, private airlines and the Indian Defence Services. The Corporation also enjoys a 65% share of the bulk consumer, industrial, agricultural and marine sectors.

With a steady aim of maintaining its position as a market leader and providing the best quality products and services, IndianOil is currently investing Rs. 47,000 crore in a host of projects for augmentation of refining and pipelines capacities, expansion of marketing infrastructure and product quality upgradation.

Innovation is key IndianOil has a sprawling world-class R&D Centre that is perhaps Asia's finest. It conducts pioneering work in lubricants formulation, refinery processes, pipeline transportation and alternative fuels, and is also the nodal agency of the Indian hydrocarbon sector for ushering in Hydrogen fuel economy in the country. The Centre holds 212 active patents, with over 100 international patents.

Some of the in-house technologies and catalysts developed by IndianOil include the DHDT technology, Light Naptha Isomerization technology, INDMAX technology (for maximizing LPGas yield), Oilivorous S bio-remediation technology(extended to marine applications too), Diesel Hydro DeSulphurisation(DHDS) catalyst, a special Indicat catalyst for Bharat Stage IV compliant Diesel, IndVi catalyst for improved distillate and FCC throughput, and adsorbent based deep sulphurisation process for gasoline and diesel streams. Redefining the horizon In Petrochemicals, IndianOil offers a full slate of products including Linear Alkyl Benzene (LAB), Purified Terephthallic Acid (PTA) and an extensive range of polymers. IndianOil holds a significant market share of LAB in India and exports to 19 countries. It is the largest suppliers of Mono-Ethylene Glycol (MEG) in the domestic market. Execution of a state-of-the-art 120,000 tonnes per annum Styrene Butadiene Rubber (SBR) unit is underway at Panipat. The SBR unit is expected to further strengthen IndianOils presence in the speciality petrochemicals sector. In Exploration & Production: IndianOil's domestic portfolio includes 11 oil and gas blocks and 2 CBM blocks in India including 2 blocks as part of a consortium under NELP-VIII (blocks GKOSN-2009/1 and GK-OSN-2009/2). The overseas portfolio includes ten blocks spread across Libya, Iran, Gabon, Nigeria, Timor-Leste and Yemen. Exploration activities are at various stages of progress. In addition, as part of consortium, IndianOil has been awarded Project -1 in the Carabobo heavy oil region of Venezuela. To boost E&P activities, IndianOil has incorporated Ind-OIL Overseas Ltd. a special purpose vehicle for acquisition of overseas E&P assets in partnership with Oil India Ltd.

Natural Gas marketing is another thrust area for IndianOil with special focus on City Gas Distribution (CGD) business. The Corporation has entered into franchise agreements with several CGD players to market Compressed Natural Gas through its retail outlets. During 2011-12, gas sales grew by an impressive 27% to 2.9 million tones from 2.28 million tones in the previous year. IndianOil is also setting up a 5 MMTPA LNG import, storage and regassification terminal at Ennore (outskirts of Chennai). This LNG terminal would be the first of its kind on the East Coast of India. IndianOil's joint venture with GAIL India Ltd. - Green Gas Ltd. is authorised to take up city gas distribution in Agra. A long term gas supply agreement has been signed with NTPC. Furthermore, in consortium with GSPC, HPCL and BPCL, IndianOil has won gas pipeline bids for Mallavaram to Bhilwara and Vijaypur via Bhopal, Mehsana to Bhatinda and Bhatinda to Jammu and Srinagar.

Venturing into alternative fuels: IndianOiI has forayed into alternative energy options such as wind, solar, biofuels and nuclear power. A 21 MW wind power project is operational in the Kutch district of Gujarat. The solar power initiative is being spearheaded on a pilot basis in Orissa, Karnataka and the Northeast and a pan-India phased roll-out is underway. Solar products such as solar lanterns and torches are being sold through the Retail Outlets in rural and urban areas. With a view to investing in the nuclear energy sector in the country, IndianOil has entered into an agreement with the Nuclear Power Corporation of India Ltd. IndianOil has the largest captive plantation over 1,000 hectares for bio-fuel production in India which is underway in the States of Chattisgarh and Madhya Pradesh, generating rural employment. To straddle the complete bio-fuel value chain, IndianOil has formed a joint venture with the Chhattisgarh Renewable Development Authority. IndianOil CREDA Biofuels Ltd. has been formed to

carry out farming, cultivating, manufacturing, production and sale of biomass, bio-fuels and allied products and services in Chattisarh. In Uttar Pradesh, IndianOil is establishing a model value chain for the production of bio-diesel. A MoU for collaborating on commercial production of bio-diesel from algae has also been signed with PA LLC

Indian oil the energy of India: With facilities at multiple locations and ever-expanding market opportunities, IndianOil is poised to become an integrated energy company. As the flagship public sector enterprise of India, IndianOil has also successfully combined its corporate social responsibility agenda with its business offerings, meeting the energy needs of millions of people every day, across the country.

PRODUCTS:

Indane Gas Auto Gas Natural Gas Petrol/Gasoline Diesel/Gas oil ATF/Jet Fuel SERVO lubricants & greases Marine Fuels & Lubricants Kerosene Bulk/Industrial Fuels Bitumen Petrochemicals Special Products Crude Oil

Business Operations : Refineries IndianOil group of companies owns and operates 10 out of Indias 22 refineries with a combined refining capacity of 65.7 million metric tonnes per annum (MMTPA, .i.e. 1.30 million barrels per day approx.). IndianOil refineries process all major indigenous crude oil plus over 36 types of imported crude oil, from which it produces more than 60 types of petroleum products, ranging from light distillates, such as LPG, naphtha and motor spirit, to heavy ends, such as furnace oil and low sulphur heavy stock. The flexibility of processing capability allows IndianOil to vary both its crude oil inputs and petroleum product outputs to achieve the companys desired production mix. To meet the growing domestic demand for middle distillate products, such as HSD and superior kerosene oil, IndianOil has invested in secondary processing facilities to produce these higher value added products. IndianOil refineries are fully equipped to meet the current environmental norms in relation to product specifications in the country and are being constantly modernized and upgraded to be able to meet all future environment regulatory requirements. Pipelines Indian Oil Corporation owns and operates the largest network of crude oil and petroleum product pipelines in India. The total network of pipelines is 10,909 km with a capacity of 75.55 million metric tonnes per annum . The companys pipelines are well positioned to supply petroleum products from its refineries and Indias ports to high demand states in northwestern India. Marketing IndianOil and its subsidiaries account for 49% petroleum products market share. The company distributes its products directly to bulk customers and to retail customers via a network of retail outlets and dealers/distributors. The companys overall distribution network encompasses over 38,000 sales points incorporating its own franchise as well as independent outlets, consumer pumps, distributors etc. the substantial majority of which are governed by

dealership agreements. Products are transported to the distribution points by pipeline, ship tanker, rail tankers and road tanker trucks. Research And Development Established in 1972 for the development of lube as well as refining process technologies, the IndianOil R&D Centre at Faridabad has completed over 35 years of glorious service to the nation. It is one of its kind in Asia and has grown into a major technological development center of international repute in the down stream areas of lubricants, pipelines and refining processes. Developing more than 2500 formulations over the years, it has successfully perfected the state-of-the-art lube formulation technology meeting latest national and international specifications with approvals from major original equipment manufacturers. IndianOil markets around 800 grades of lubricants under the brand name "SERVO" based on its own R&D technology and is one among the six worldwide technology holders of marine oil technology. It has extensive laboratory and pilot plant facilities to successfully pursue projects in lube, refining and pipeline areas making it a unique technology centre.

Its rich reservoir of highly qualified/ specialized scientific and technical manpower has elevated this centre to global status. Having an effective IPR portfolio of 195 patents including 48 US patents, the vibrant and innovative research at the Centre has led to many technological innovations, some of which have received prestigious national and international awards. INDMAX, i-Max, OiliVorous-S, INDETreat/INDESweet are few of them. Being the nodal agency of the hydrocarbon sector for implementation of the Hydrogen energy programmes in the country, the Centre has taken up a pilot project for developing infrastructure for fuelling neat hydrogen as well as H2-CNG blended fuel and is currently in the process of setting up a Hydrogen-CNG dispensing station at COCO retail outlet in Delhi. The Centre has also taken the lead in the development and commercialisation of biodiesel. Exploration And Production Vertical integration along the entire hydrocarbon value chain is a key strategy for achieving growth in the hydrocarbon business. IndianOil is attempting vertical integration through E&P initiatives to secure its own equity oil so as to safeguard its business interest against the highly volatile international oil market..

Petrochemicals IndianOil has finalised a master plan to enter into the petrochemical product line by integrating its core refining business with petrochemical activities, predominantly utilising the streams available in various refineries. Gas With gas emerging as preferred fuel for the utilities sectors viz., power, fertilizers and transportations, its share in the total energy basket is expected to reach 20% by the year 2025. The company has taken several initiatives to harness these growth potentials. Overseas- Downstream Marketing IndianOil has successfully graduated from a product exporter to a transnational energy company with establishment of two wholly owned overseas subsidiaries, Lanka IOC PLC and IndianOil (Mauritius) Limited (IOML). Top B) Functions & duties Indian Oil Corporation Ltd. has been established to carry out the objectives specified in the Memorandum & Articles of Association of the Company. The main activities of IndianOil are refining, transporting and marketing of petroleum products. Vision A major diversified, transnational, integrated energy company, with national leadership and a strong environment conscience, playing a national role in oil security & public distribution Objectives

To serve the national interests in oil and related sectors in accordance and consistent with Government policies. To ensure maintenance of continuous and smooth supplies of petroleum products by way of crude oil refining, transportation and marketing activities and to provide appropriate assistance to consumers to conserve and use petroleum products efficiently.

To enhance the countrys self-sufficiency in crude oil refining and build expertise in laying of crude oil and petroleum product pipelines. To further enhance marketing infrastructure and reseller network for providing assured service to customers throughout the country. To create a strong research & development base in refinery processes, product formulations, pipeline transportation and alternative fuels with a view to minimising/eliminating imports and to have next generation products. To optimise utilisation of refining capacity and maximise distillate yield and gross refining margin. To maximise utilisation of the existing facilities for improving efficiency and increasing productivity. To minimise fuel consumption and hydrocarbon loss in refineries and stock loss in marketing operations to effect energy conservation. To earn a reasonable rate of return on investment. To avail of all viable opportunities, both national and global, arising out of the Government of Indias policy of liberalisation and reforms. To achieve higher growth through mergers, acquisitions, integration and diversification by harnessing new business opportunities in oil exploration & production, petrochemicals, natural gas and downstream opportunities overseas. To inculcate strong core values among the employees and continuously update skill sets for full exploitation of the new business opportunities. To develop operational synergies with subsidiaries and joint ventures and continuously engage across the hydrocarbon value chain for the benefit of society at large. Obligations

To provide prompt, courteous and efficient service and quality products at competitive prices Towards suppliers To ensure prompt dealings with integrity, impartiality and courtesy and help promote ancillary industries.

Towards employees To develop their capabilities and facilitate their advancement through appropriate training and career planning. To have fair dealings with recognised representatives of employees in pursuance of healthy industrial relations practices and sound personnel policies. Towards community

To develop techno-economically viable and environment-friendly products. To maintain the highest standards in respect of safety, environment protection and occupational health at all production units. Towards Defence Services

To maintain adequate supplies to Defence and other para-military services during normal as well as emergency situations. Financial Objectives To ensure adequate return on the capital employed and maintain a reasonable annual dividend on equity capital. To ensure maximum economy in expenditure. To manage and operate all facilities in an efficient manner so as to generate adequate internal resources to meet revenue cost and requirements for project investment, without budgetary support. To develop long-term corporate plans to provide for adequate growth of the Corporations business. To reduce the cost of production of petroleum products by means of systematic cost control measures and thereby sustain market leadership through cost-competitiveness. To complete all planned projects within the scheduled time and approved cost.

Top management hierarchy of Indian Oil Corporation ltd. Procedures followed in the Decision-Making Process, Including Channels of Supervision and Accountability. The decisions making process of the Company follows the following Channel BOARD DIRECTORS OF

CHAIRMAN

FUNCTIONAL DIRECTORS

EXECUTIVES

Overall management of the Company is vested with the Board of Directors of the Company. The Board of Directors is the highest decision making body within the Company. As per the provisions of the Companies Act, 1956 certain matters require the approval of the shareholders of the Company in General Meeting. The Board of Directors is accountable to the shareholders of the Company, which is the ultimate authority of a Company. IndianOil being a Public Sector Enterprise (PSE), the Board of Directors of the Company is also accountable to Government of India. The day-to-day management of the Company is entrusted on the Chairman and the Functional Directors and other Officers of the Company. The Board of Directors has delegated powers to the Chairman, Functional Directors, who have in turn delegated powers to the Executives of the Company through Delegation of Powers. The Chairman, Functional Directors and other officers exercise their decision-making powers as per this delegation of powers. The Chairman, Functional Directors and other Executives are accountable to Board of Directors for proper discharge of their duties & responsibilities. The powers, which are not delegated are exercised by the Board of Directors subject to the restrictions and provisions of the Companies Act, 1956.

Executive Directors (Corporate Office) S K Garg A K Roy Satish Kumar N K Bansal S Ramasamy V Ramaswamy A K Marchanda CEO, IndianOil Foundation Corporate Planning & Economic Studies Human Resources IndianOil Institute of Petroleum Management Information Systems Dir(F), LIL Mumbai ED (I/c) Gas

V K Gupta Budha Deb Ghosh S Mitra V Damodaran Alok Misra B B Choudhary Hirak Dutta A K Garg R K Bhan

Corporate Affairs CHT, Noida Petrochemicals Ennore LNG Project, CO ED (AAC) CO Exploration & Production and Renewable Energy & Sustainable Development OISD ED (IA) CO Safety, Health & Environment

Executive Directors (Refineries Division) Prithviraj Sur A Saran N Sethurathinam V K Bansal M Vijayawargia Ashwani Sharma M K Padia N K Gupta Ashish Nag B P Baliga S Ganguli Gujarat Refinery Bongaigaon Refinery Maintenance & Inspection ED (I/c) Finance, Ref. HQ ED (I/c) Projects - PDRP Site Operations, Ref. HQ Mathura Refinery Shipping Project Design & Engineering Cell Safety, Health & Environment Haldia Refinery

S K Ghosh B Barpujari T K Basak S K Jha V K Mithal U K Roy Lee Bee Sen B P Das Rajiv Chawla Gautam Roy Sanjiv Singh

Naphtha Cracker, Panipat Assam Oil Division Petrochemicals, Ref. HQ Barauni Refinery Projects - PDRP Ref. HQ ED (CG) Paradip Human Resources Ref. HQ Guwahati Refinery Information Systems Ref. HQ Technical, Gujarat Refinery Panipat Refinery

Executive Directors (Pipelines Division) R Shankar Suneel Sethi J P Ojha Anish Aggarwal V K Khurana H S Pati B D Yadav(Dr) Finance Human Resources Operations, PLHO Western Region Pipelines, Guaridad Projects, PLHO Eastern Region Pipelines Northern Region Pipelines, Panipat

Executive Directors (Marketing Division) Amitava Chaterjee Ravinder Sareen ED (I/c) Coordination, Planning & Quality Control Aviation

N Srikumar V K Jaychandran M Ramana D Sen S C Meshram H S Bedi K R Suresh Kumar S S Bapat S Krishna Prasad G Tiwari Anjan Banerjee S K Diwan A K Digar S Balasubramanian A N Jha P M Nazirudeen S S Samant B Ashok Projjal Chakraborty R Khanna Sudeb Gupta R K Arora Indrajit Bose

Corp. Communications & Branding Tamil Nadu State Office Operations I/c Lubes Consumer Sales Human Resources Regional Services, Southern Region Regional Services, Western Region Finance Maharashtra State Office Lube Operations Gujarat State Office Health, Safety & Environment Protection Supplies LPG Andhra Pradesh State Office I/c Projects & Engineering Retail Sales IS, HO Pricing Punjab State Office Karnataka State Office West Bengal State Office

A Kapoor

Regional Services

Executive Directors (R&D Centre) S K Sarangi B Basu (Dr) S Rajagopal Madhu Bala Nangia(Ms) Alternate Energy Lube Technology Refining Technology Finance

Executive Directors (IBP Division) Satwant Singh Executive Directors D Lilly(Ms) A S Basu T S Ramachandran Manpower Grade Wise: As per Annexures to Directors 2012 Board Members

Cryogenics, IBPD Mumbai

Dir(F) CPCL, Lien 01.06.2011 MD CPCL, Lien 06.07.2012 Dir(T) CPCL, Lien 26.07.2011

Chairman 1 Functional Directors 7 Non-Functional Director 11 Total 18 Executives: I ( Executive Director's) 64 H (General Manager) 157 G (Dy. General Manager) 478 F (Chief Manager) 1217 E (Senior Manager) 1297 D (Manager) 1712 C (Dy. Manager) 2864

B (Assistant Manager) 2876 A (Officer) 4342 Total 15007

Workmen

IX (Supervisor) 1375 VIII (Supervisor) 5093 VII (Supervisor) 1280 VI (Supervisor) 3438 V (Skilled) 3480 IV (Skilled) 3743 III (Unskilled) 520 II (Unskilled) 48 I (Unskilled) 405 Total 19382

Grand Total 34233 Major Project

IndianOil continues to lay emphasis on infrastructure development. Towards this end, a number of schemes have been initiated with increasing emphasis on project execution in compressed schedules as per world benchmarking standards. Schemes for improvement and increased profitability through debottlenecking / modifications / introduction of value added products are being taken up in addition to grassroots facilities. Project systems have been streamlined in line with ISO standards.

CONSTRUCTION OF TANKS AND BLENDING FACILITY AT VADINAR (5 X 85000 KL) Project Cost: Rs. 267.00 crore Expected Commissioning: September 2012 Benefit: The proposed scheme would ensure the reduction in demurrage being paid at Vadinar crude oil receipt terminal. Brief Description: Project consists of construction 5 tanks of 85000 KL capacity each to store HS-Heavy crude oil along with crude oil mixing facility at Vadinar. REVAMP OF FCC UNIT AT MATHURA Project Cost: Rs. 1000.00 crore Expected Commissioning: January 2013 Benefit: The project would improve reliability of the unit, increase LPG production consequently, maximize value added propylene to be recovered from LPG stream through PRU revamp. Brief Description: Project consists of Revamp of Reactor Regenerator Section, Third Stage Separator (TSS) for reduction of particulate emission, modification in the Gas-Con Section and the OSBL (outside battery limit), Revamp of existing Propylene Recovery Unit (PRU) and other related facilities.

BUTADIENE EXTRACTION UNIT AT PANIPAT Project Cost: Rs. 341.50 crore Expected Commissioning: February 2013 Benefit: This project would provide feedstock for the upcoming Styrene Butadiene Rubber project at Panipat Brief Description: As a part of integrating petrochemical value chain and enhancing the value addition from Panipat Naphtha Cracker Project (PNCP), production of Styrene Butadiene Rubber from butadiene feedstock available from Panipat Naphtha Cracker project is envisaged.

INTEGRATED CRUDE OIL HANDLING FACILITIES AT PARADIP Project Cost: Rs. 1492.33 crore Expected Commissioning: The SPM offshore installation mechanically completed. Commissioning will be undertaken during fair weather window, i.e. between November 2012 to March 2013. Benefit: The proposed facilities would enhance crude handling capacity at Paradip port. Brief Description: The proposal is for installation of 2nd SPM for Paradip Refinery and 3rd SPM & sub-sea crude oil transfer pipeline with associated facilities as a part of Integrated Offshore Crude Handling Facilities at Paradip. STYRENE BUTADIENE RUBBER (SBR) AT PANIPAT Project Cost: Rs. 890 crore Expected Commissioning: 1st quarter 2013 Benefit: Value addition for naphtha / butadiene by forward integration with SBR. Brief Description: As part of integrating petrochemical value chain and enhancing value from the Naphtha Cracker at Panipat, this project envisages production of Styrene Butadiene Rubber from the Butadiene feedstock available from the Naphtha Cracker. This project is being executed as a joint venture Indian Synthetic Rubber Ltd. (ISRL) - between IndianOil; Marubeni, Japan; and TSRC, Taiwan. GRASSROOTS REFINERY PROJECT AT PARADIP (ORISSA) Project Cost: Rs. 29,777.00 crore Expected Commissioning: April - September 2013 Benefit: The project will help in partially meeting the deficit in distillates viz. LPG, Naphtha, MS, Jet/Kero, Diesel and other products, in the eastern part of the country. The complex will generate intermediate petrochemicals feedstock. Brief Description: A 15 MMTPA refinery is being constructed at Paradip in Orissa. The refinery will have, apart from a Crude and Vacuum Distillation Unit, a Hydrocracking Unit, a Delayed Coker Unit and other secondary processing facilities. This will be the most modern refinery in India with a nilresidue production, and the products would meet stringent specifications. IndianOil has taken over 3344 acres of land for the project and necessary infrastructure development.

DE-BOTTLENECKING OF SALAYA-MATHURA CRUDE PIPLEINE Project Cost: Rs. 1584.00 crore Expected Commissioning: 30 months after receipt of statutory clearances Benefit: With the proposed de-bottlenecking/augmentation of SMPL, the refineries would be in a position to process more crude oil. Brief Description: The proposal is for enhancing the capacity of SalayaViramgam section from 21 MMTPA to 25.0 MMTPA, [Viramgam-Koyali section from 8.5 MMTPA to 9.0 MMTPA, Viramgam-Chaksu section from 13.5 MMTPA to 16.5 MMTPA, Chaksu-Mathura section from 7.5 MMTPA to 9.2 MMTPA and Chaksu-Panipat section from 6 MMTPA to 7.3 MMTPA]. Paradip-Haldia-Durgapur LPG Pipeline Project Cost: Rs. 913.00 crore Expected Commissioning: 30 months after receipt of statutory clearances Benefit: The pipeline will facilitate cost-effective transportation of LPG from Paradip and Haldia to the LPG bottling plants at Balasore, Budge Budge, Kalyani & Durgapur. Brief Description: The proposal envisages laying a pipeline for transportation of LPG from Paradip and Haldia to the LPG bottling plants at Balasore, Budge Budge, Kalyani & Durgapur. Total length of the pipeline is estimated to be about 700 km.

Augmentation of Paradip-Haldia-Barauni Crude Oil Pipeline Project Cost: Rs. 586.00 crore Expected Commissioning: 30 months after receipt of statutory clearances Benefit: The project would enhance the existing capacity from 11.0 MMTPA to 15.2 MMTPA Brief Description: The proposal envisages laying of 65 KM loopline and construction of 5 nos. of 60,000 KL tanks at Paradip and 1 tank of 40,000 KL capacity at Barauni. The project also envisages construction of one additional pumping station and providing additional pumping units at 3 locations.

PARADIP-RAIPUR-RANCHI PIPELINE Project Cost: Rs. 1793.60 crore Benefit: The proposed pipeline would ensure the evacuation of Paradip Refinery products and uninterrupted supply to major parts of Orissa, Chhattisgarh and Jharkhand. Brief Description: Project consists of laying of 1108 km long product pipeline with intermediate pumping stations at Jatni and New Sambalpur and delivery stations at Jatni, Jharsuguda, Ranchi, Raipur and Korba. The pipeline will be having a telescopic diameter of 18/14/12/10 OD.

Environment IndianOils Green Agenda As an active partner of the Global Compact Programme of the United Nations, IndianOil is fully Focused on sustainable development. As a dominant player, the Corporation recognises protection of environment as a core commitment of its business. As part of this commitment, all operating units and installations of IndianOil have a comprehensive safety, health & environment management system in place. The facilities are periodically reviewed and upgraded from time to time for better performance.

All IndianOil refineries fully comply with the prescribed environmental standards and incorporate state-of-the-art effluent treatment technologies. Sustained efforts are being made to further improve the standards by introducing new state-of-the-art technologies further improve the existing standards and facilities. The environment management systems of all IndianOil refineries, pipeline Installations and major marketing installations/terminals are certified to ISO14001 standards. All IndianOil refineries are accredited for Occupational Health&Safety Assessment Series (OHSAS-18001). All refineries are also rated under International Safety Rating System (ISRS). Panipat and Gujarat Refineries are rated Level 9 in the scale of 1 to 10.

All refineries have been provided with full-fledged effluent treatment plants consisting of physical, chemical, biological&tertiary treatment facilities. Oilivorous S&Oilivorous-A technologies are being used for the treatment of oily sludge and acid tar respectively.

The treated effluent is far superior to the stipulated MINAS quality and quantum standards. Treated effluent is being reused to the extent of 65-70% in the refinery units. Panipat Refinery continues to maintain zero discharge since commissioning in 1998. IndianOil refineries have adopted various measures for control of gaseous emissions. These include use of low-sulphur fuel oil, desulphurisation of refinery fuel gas, tall stacks for better dispersion of flue gases, advanced process control systems; and energy conservation measures to reduce fuel consumption. The sulphur dioxide emissions at IndianOil Refineries are well below the limits prescribed by the Ministry of Environment&Forests and State Pollution Control Boards. Ambient air monitoring stations with automatic continuous monitoring instruments are provided at all the refineries. In particular, Mathura Refinery has set up three ambient air quality-monitoring stations between the refinery and the city of Agra and a fourth one at Bharatpur. Utmost care is taken to minimise the impact of refinery operations on the air quality of the surrounding areas so that the ambient air quality remains within the stipulated limits prescribed for sensitive areas. Most IndianOil refineries have commissioned secondary processing units for improving fuel quality and reducing emissions. Some of the recent commissioning include Hydrogen unit and Diesel Hydrotreater unit at Mathura refinery and Motor Spirit Quality projects at Mathura and Haldia refineries. Sulphur recovery units have been installed at all the refineries. GREEN INITATIVES:

Low Sulphur (0.5%) Diesel was introduced in metros from April 1996. Extra-low Sulphur (0.25%) Diesel was introduced in the eco-sensitive Taj Trapezium area from September 1996, in Delhi from October 1997, and across the country from 1st January 2000. Diesel with 0.05% sulphur content was introduced in the metros in 2001. Unleaded Motor Sprit (petrol or Gasoline) was made available all over the country since February 1, 2000.

Green fuels (petrol and diesel) conforming to Euro-III emission norms have already been introduced in 13 cities/states; the rest of the country is getting BS-II fuels. IndianOil is fully geared to meet the target of reaching EURO-III compliant fuels to all parts of the country by the year 2010; major cities will upgrade to Euro-IV compliant fuels by that time. IndianOil has invested about Rs. 7,000 crore so far in green fuel projects at its refineries; ongoing projects account for a further Rs. 5,000 crore. Motor Spirit Quality Improvement Unit commissioned at Mathura Refinery; similar units are coming up at three more refineries.

Diesel quality improvement facilities in place at all seven IndianOil refineries, several more green fuel projects are under implementation or on the anvil. The R&D Centre of IndianOil is engaged in the formulations of eco-friendly biodegradable lube formulations. The Centre has been certified under ISO-14000:1996 for environment management systems.

CONCLUSION:
IOC has subdiaries namely Indian oil Technologies, Chennai Petroleum Corporation, Bongaigaon Refinery & Petrochemicals, IndianOil (Mauritius) and Lanka IOC. Out 19 refineries, IOC owns and operates 10 with a combined capacity of capacity of 60.2 million metric tonnes per annum (MMTPA), ie 1.2 million barrels per day. It has 166 bulk storage terminals and depots, 101 aviation fuel station and 89 Indane bottling plants. The refining major has a countrywide network of petrol and disel stations with 17,600 retails outlets. Its Indane cooking gas network has apresence in 50 million households through its distribution network of 5,000 distributors. Products It provides spectrum of petroleum products through its retail outlets like XtraCare (Urban), Swagat (Highway) and Kisan Seva Kendras (Rural). IOC provides auto gas, aviation turbine fuel, bitumen-a binder used for road construction, high speed diesel, bulk industrial fuels like furnance oil, Indane gas, Servo Lubricants and greases and special products like benzene and surplur. It has created brands like Indane LPG, Servo Lubricants, Autogas LPG,

XtraPremium Branded Petrol, XtraMile Branded Diesel, XtraPower Fleet Card. Milestones IOC is the highest ranked Indian company In Fortune Global 500 list. It is 18th largest petroleum company in the world. It is Indias most trusted fuel pump brand as per the survey conducted by ET brand equity and AC Neilsen. It has received National Award for Innovation in Implementing Business Continuity For SAPR/3 Environment from the Government of India.