IndianOil Corporation Limited has issued 30,000, 5.05% unsecured, listed, rated, taxable, redeemable, non-convertible debentures (Series -XVII) of Rs. 10,00,000 each aggregating to Rs. 3,000 crores on Private Placement basis on 27th May 2020 to meet its Capex requirements.

 

IndianOil is a diversified, integrated energy major with presence in almost all the streams of oil, gas, petrochemicals and alternative energy sources; a world of high-calibre people, state-of-the-art technologies and cutting-edge R&D. 

 

IndianOil accounts for nearly half of India's petroleum products market share, with sales of about 90 million tonnes in 2018-19. Over 32% national refining capacity and 71% downstream sector pipelines throughput capacity are with IndianOil. What's more, the IndianOil Group owns and operates 11 of India's 23 refineries, with a combined refining capacity of 80.7 million metric tonnes per annum (MMTPA). IndianOil refineries are on the last leg of upgrades to produce world-class BS-VI compliant automotive fuels for supplies across the country. 

 

IndianOil's 14,200 km cross country pipelines network facilitates the transportation of crude oil to refineries and finished products to high-demand centres in an efficient, economical and environment-friendly manner. Its throughput capacity of 94.20 MMTPA for crude oil and petroleum products and 21.69 MMSCMD for gas makes it one of the largest pipeline networks in the world.