Indian OMCs launch new biodiesel tender for FY 2025-26

India’s state-owned Oil Marketing Companies (OMCs) have initiated a fresh tendering process for biodiesel procurement, seeking approximately 200 million liters for the first quarter of the upcoming financial year starting April 2025.  The latest tender was announced last week by Indian Oil Corporation Limited (IOCL), Bharat Petroleum Corporation Limited (BPCL), and Hindustan Petroleum Corporation Limited

India’s fuel consumption increases 8% in 2024

India’s petrol consumption rose by almost 8 percent in the year till November from the previous year, while diesel witnessed a growth of 2.4 percent in the same period. India’s fuel demand saw an uptick in 2024 as the country’s energy consumption continues to grow amid the aim of becoming a ‘Viksit Bharat’ by 2047.

IndianOil forms JV with EverEnviro to boost biofuel adoption in India

IndianOil has announced a 50-50 joint venture company with EverEnviro Resource Management focused on advancing the use of biofuels across India. Santanu Gupta, Executive Director (Alternative Energy) at IndianOil, and Mahesh Girdhar, MD & CEO of EverEnviro, signed the agreement in the presence of senior managers from both organizations, including IndianOil’s N Senthil Kumar, Alok

IOCL scraps first green hydrogen tender as industry body moves to court

Indian Oil Corporation (IOCL) has cancelled its first tender for manufacturing green hydrogen after an industry association dragged the state-run company to the Delhi High Court alleging conflict of interest. The country’s largest oil marketing company (OMC) cancelled the tender for setting up a green hydrogen manufacturing unit of 10 kilo tonnes per annum (KTPA)

HPCL’s Rajasthan refinery to start operations by Jan 2025

Public sector refiner and fuel retailer Hindustan Petroleum Corporation (HPCL) plans to start commercial production of fuels at the country’s newest refinery in Rajasthan’s Barmer by January 2025. The refinery-cum-petrochemicals complex, being built at a cost of nearly Rs 73,000 crore, will have a crude processing capacity of 9 million tonnes per annum (mtpa) and

CONCOR and Indian Oil sign MoU

In a significant event witnessed by dignitaries including Sanjay Swarup, CMD CONCOR, and Sujoy Choudhary, Director (Planning & Business Development, Indian Oil, a Non-Binding Memorandum of Understanding (MOU) was signed between Container Corporation of India Ltd (CONCOR) and Indian Oil Corporation Ltd (IOCL) on January 29, 2024, at CONCOR Bhawan, New Delhi. The purpose of

E20 petrol already available at 1,350 fuel outlets, on track for pan-India rollout by 2025

E20 petrol, or petrol with 20 per cent ethanol, is now available at 1,350 fuel retail outlets and will be available all over the country by 2025, Petroleum Minister Hardeep Singh Puri said at an industry event on Tuesday. The minister also announced that the Global Biofuels Alliance (GBA) — an initiative by India with

First commercial flight in India powered by SAF

Together with Gevo, Praj Industries has developed an innovative alcohol-to-jet (ATJ) technology for the production of SAF using bio-based feedstock, which was used in achieving this significant milestone.

NGEL agrees with IOCL to build RE projects

NGEL, a wholly owned subsidiary of NTPC, signed a joint venture agreement with IOCL for setting up of renewable energy projects to meet round the clock power requirement of IOCL refineries. The agreement was signed in the presence of Gurdeep Singh, CMD, NTPC; Shrikant Madhav Vaidya, chairman, IOCL; DK Patel, director (HR), NTPC; UK Bhattacharya,

Can IOCL Panipat plant cut farm fires, emissions?

Can a public sector giant incentivise farmers to opt for alternative methods of stubble disposal, help marginally reduce India’s oil import bill, and prevent CO2 emissions to the extent that it may be the same as removing 62,000 cars from roads? The order may seem tall, but this is exactly what a central public sector