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Chennai Petroleum Corporation Limited (CPCL) is a public sector enterprise under the Ministry of Petroleum and Natural Gas and a group company of Indian Oil Corporation Limited (IOCL). Established in 1965 as a joint venture between the Government of India, AMOCO (USA) and the National Iranian Oil Company, the company has grown from a 2.5 MMTPA refinery to a 10.5 MMTPA operation, supplying high-quality petroleum products across India. Its integrated refinery complex at Manali, Chennai, is among the most advanced in the country, with a Nelson Complexity Index of 10.03 and a crude processing capacity of around 235,000 barrels per day supported by globally licensed technologies.
CPCL’s core business is refining crude oil into fuels and specialty products. Key fuels supplied through IOCL include Liquefied Petroleum Gas (LPG), Motor Spirit (petrol), Aviation Turbine Fuel (ATF) and High-Speed Diesel, while CPCL directly markets select specialties such as Paraffin Wax, Mineral Turpentine Oil (MTO), and Food Grade and Pharma Grade Hexane, alongside petrochemical feedstocks . In FY 2024–25, revenue from operations on a standalone basis was ₹71,049.91 crore .
The company supports strategic national programs by supplying specialized fuels like Navy-grade NATO diesel, JP-5 for fighter jets, missile fuel “Vajravega,” and rocket propellant “Isrosene,” underscoring its role in India’s defence and space ecosystems . CPCL’s infrastructure includes a pioneering 5.8 MGD sea water desalination plant that enables zero freshwater use in refinery operations, a 17.6 MW wind farm, and new rooftop/ground-mounted solar capacity commissioned in 2024–25, reflecting its focus on sustainable operations .
– Major operating divisions: CPCL’s principal activity is the processing of crude oil into refined petroleum products and other products, which accounted for 100% of turnover in FY 2024–25 . Products are marketed exclusively through IOCL, with CPCL also undertaking direct marketing of select specialty products .
– Industries served: The company’s output caters to multiple sectors, including edible oil, defence, aircraft and launch vehicles, petrochemicals, cement, paint, aviation, road infrastructure, automotive manufacturing, and cottage industries .
– Revenue by industry vertical: The report presents product-wise contribution to turnover. In FY 2024–25, High Speed Diesel contributed 53% of turnover, followed by Motor Spirit at 14%, Aviation Turbine Fuel at 9%, Naphtha at 9%, LPG at 3%, and Bitumen at 3% .
– H. Shankar, Managing Director
– Rohit Kumar Agrawala, Director (Finance)
– P. Shankar, Company Secretary
– Retail expansion: CPCL received a Government of India license to exercise Retail Marketing Rights for Motor Spirit and High-Speed Diesel—marking a shift from a refinery-centric entity to an integrated energy company with direct market presence, while IOCL continues to market most fuel products produced by CPCL .
CPCL refines crude oil into fuels and specialty products at its integrated Manali refinery in Chennai. It supplies mass-market fuels via IOCL and directly markets select specialties such as wax, MTO, and hexane .
CPCL’s petroleum products are marketed exclusively through Indian Oil Corporation Ltd., with CPCL directly marketing certain specialty products. This integrated supply chain ensures consistent market reach and quality .
Highlights include the GRPC “Refinery of the Year 2024” award, a retail marketing license for MS and HSD, record operational efficiency metrics, and the JV-led 9 MMTPA Nagapattinam project moving forward. The company also began selling pharma-grade hexane and ultra-low sulphur naphtha in 2024–25 and has committed to net-zero Scope 1 and 2 by 2046