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Performance Highlights (Refineries Division)
The year 2010-11 will go into annals of the Corporation’s history for placing Indian Oil on the pedestal of corporate glory with Indian Oil becoming India’s No.1 Refiner. After expansion of Haldia Refinery from 6 to 7.5 MMTPA and Panipat Refinery from 12 to 15 MMTPA, Indian Oil’s group refining capacity has increased from 62.7 MMTPA to 65.7 MMTPA thereby becoming the largest refiner of India.

The achievement was suitably acknowledged by dedication to the Nation of Once-Through Hydrocracker unit and Capacity expansion of the Haldia Refinery by Hon’ble Finance Minister, Govt. of India in the presence of then Hon’ble Minister of P&NG and other distinguished dignitaries on 25.12.2010.

Indian Oil’s first and India’s largest Naphtha Cracker at Panipat was also dedicated to the Nation by Hon’ble Minister of P&NG, Govt. of India on 15.02.2011 in presence of distinguished dignitaries.

IOCL refineries recorded highest ever crude t’put of 53.0 MMT during the fiscal surpassing the previous best of 51.4 MMT achieved in 2008-09. Overall capacity utilization of 102.0 % was achieved by Indian Oil Refineries with coordinated efforts of Corporate Office, Marketing Division, Pipelines Division, R&D and Refineries Division. Overall capacity utilization was more than 100% for the fourth year in a row.

Combined distillate yield of all the IOCL Refineries could also be sustained at 75.3 wt% for the second year in succession despite planned revamp / M&I shut downs and implementation of quality upgradation projects in all the refineries.. Haldia Refinery recorded the highest ever distillate yield of 64.2 wt% surpassing the previous best of 63 wt% in 2008-09.

On the Energy Conservation front, our relentless efforts resulted in reduction of overall specific energy consumption to lowest ever 59.5 MBTU/BBL/NRGF (MBN) during 2010-11 against the earlier lowest of 62 in 2009-10.This has been possible through implementation of various energy saving schemes and close monitoring of energy parameters. A total of 70 schemes have been implemented during the year with a potential saving of 93,600 SRFT/year.

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