IN THE 'AMRUT MAHOTSAV' YEAR, INDIANOIL IS CRAFTING A NEW ENERGY FUTURE

In this Amrut Mahotsav year, a glance at the past brings us fond and proud memories of how profusely Indianoil has contributed to the nation-building for over six decades since 1958. From the establishment of Guwahati Refinery, the first public sector refinery in India, to the launching of SERVO, India’s first indigenous lubricants brand, and from commissioning India’s first Hydrocracker, to developing worldclass FCC technology like INDMAX indigenously and being the first to launch the ultraclean BS-VI automotive fuels in India, Indianoil has been at the forefront of cuttingedge technological progress, and is thus brilliantly living up to the spirit of 'Aatmanirbhar Bharat.’

With more than 1.3 billion people, India is home to 18% of the global population but accounts for a mere 7% of the world’s energy demand. For a nation that is the world’s third largest oil consumer, a diverse energy basket is necessary where traditional energy sources coexist with bioenergy and renewables.

Indianoil’s growth agenda reflects this diversity and translates into refinery expansions as well as scaling up of renewables and alternative fuel options. In October 2020, Indianoil carried out a trial in Delhi, wherein 50 CNG BS-IV buses were run on Hydrogen-spiked CNG (HCNG) fuel, with promising results. Remarkably, HCNG lowers emissions and improves fuel efficiency. Moreover, Indianoil will be carrying out a trial run with 15 fuel-cell buses in the Delhi NCR region.the Company also intends to seed Hydrogen fuel-cell mobility by utilising the surplus Hydrogen from Gujarat Refinery. The first set of buses will soon ply from Gujarat Refinery to the Statue of Unity and Sabarmati Ashram.

Under the ambitious SATAT (Sustainable Alternative Towards Affordable Transportation) scheme on CBG (Compressed Biogas), Indianoil has initiated the marketing of CBG from 12 plants through 23 retail outlets spread over eight states,x with a total sale of 1907 MT of CBG till June 30, 2021. Indianoil

is offering CBG under the brand name ‘Indigreen’ since the launch of the SATAT programme. An innovative route of producing biodiesel from Used Cooking Oil (UCO) is also being explored, with 22 LOIS being issued for an annual cumulative capacity of 22 crore litres.

Electric mobility is another major thrust area for Indianoil. In a futuristic initiative, a joint venture,

IOC Phinergy Private Limited, has been forged between Indianoil and the Israeli Company Phinergy to commercialise the Aluminium-air Battery technology in India.we have also set up 257 EV charging stations and 29 battery-swapping stations at our energy pumps across the country.

Indianoil also rolled out the differentiated, fuel-efficient cooking gas offering, Indane Xtratej. The convenient, 5-kg Free Trade LPG cylinder relaunched as ‘Chhotu’ has been a game-changer in this niche segment, achieving an almost 50% increase in sales over the corresponding period last year. We have recently launched two premier customer-centric offerings, the Combo Cylinder (which offers 14.2kg LPG cylinder with Chhotu as Double Bottle Cylinder) and the Composite Cylinder, an aesthetic, light-weight value offering for a modern kitchen. The recent paradigm shifting experience with the Covid-19 pandemic has strengthened our resolve to go quicker and bigger on new energy bets as we chart our path towards a brighter energy future!