Strategic Investments Breakdown

Cumulative Investments Made: ₹43,359 crore comprising:

  • Refinery Units: ₹34,555 crore
  • Polypropylene Plant: ₹3,150 crore
  • Mono Ethylene Glycol (MEG) Plant: ₹5,654 crore

Ongoing and Planned Investments: ₹19,251 crore comprising:

  • Paraxylene-Purified Terephthalic Acid (PX-PTA) project: ₹13,805 crore (ongoing)
  • Bhadrak Textile Park Project (JV with MCPI Private Limited): ₹4,382 crore (planned)
  • Hydroprocessed Esters and Fatty Acids (HEFA) based Sustainable Aviation Fuel project (JV with M11 Energy Transition Pvt. Ltd): ₹1,064 crore (planned)

Operational Performance FY 2025-26

  • Highest-ever crude processing: 16.35 Million Metric Tonnes
  • Commissioned Standby Sulphur Recovery Unit-III (SRU-III)
  • Commissioned New Hydrogen Generation Unit (NHGU)
  • 1.2 MMTPA Purified Terephthalic Acid (PTA) Unit nearing completion

Awards & Recognitions FY 2025-26

  • Kalinga Safety Excellence Award
  • Kalinga Environment Excellence Award
  • National Safety Council of India (NSCI) Safety Award
  • Green Champions Award

Employment Impact

  • Direct and indirect support for over 12,500 individuals
  • Includes skilled/unskilled workers, contractors, and supply chain partners
  • Local skill development and capacity-building programs facilitated

Financial Contribution to Exchequer

  • FY 2025-26 contribution: ₹30,392 crore to state and central exchequer
  • Through various duties, taxes, and levies

Corporate Social Responsibility Initiatives

  • Total CSR and CER spending from FY 2014-15 to FY 2025-26: ₹56.71 crore
  • Key focus areas: Education, Skill Development, Youth Training, Health Care, Nutrition, Rural Development, Self-Employment, Support to Orphanages, Support to Old Age Home

Management Commentary

Mr. Kausik Basu, Executive Director & Refinery Head, stated: "Paradip Refinery stands as a beacon of industrial excellence, innovation and inclusive growth. IndianOil's continued investments at Paradip reaffirm its commitment to developing Paradip into a world-class integrated Refinery and Petrochemical hub that strengthens India's energy security, accelerates sustainable development, and creates enduring value for the people of Odisha and the Nation."

Background Information

IndianOil Corporate Profile: Fortune 500 integrated energy major with presence in oil, gas, petrochemicals, and alternative energy sources. Accounts for one-third of national refining capacity with nearly 30,000 workforce and over 65,000 customer touch points.

Paradip Refinery: Dedicated to the Nation on February 07, 2016 by Prime Minister Narendra Modi. Largest refinery on eastern coast of India, spanning 3300 acres. Serves as Energy Gateway to Eastern India.