Today we are going to talk about the biggest oil refinery in India. In the financial year 2019-20, the consumption of petroleum products in our country is 214 MMT. The total number of refined petroleum retail outlets in our country is over 69,100 with state-owned oil marketing companies and private companies. India is known as the second largest refinery in Asia. So let us gather a little more information about the biggest oil refinery in India.
Reliance Jamnagar Petroleum Refinery with its manufacturing division is known as the largest refining hub in the world. This Petroleum Refinery has a flow per day of 1.24 million barrels with crude processing capacity. The Reliance Jamnagar Petroleum Refinery complex was built in record time at a globally competitive capital cost.
This company is a private sector crude oil refinery owned by Reliance Industries Limited. This company located Jamnagar city, Gujarat in India. Reliance Jamnagar Petroleum Refinery has built houses on 7,500 acres for its 2500 employees. Reliance Petroleum Refinery has transformed India from a net importer of petroleum products to a net exporter.
Revenue : ₹440.78 billion
Net income : $2.2 billion
Number of employees : More than 2500
Products : Petroleum
2. Bharat Petroleum Corporation Ltd
This company is engaged in the business of refining crude oil and marketing of petroleum products. Bharat Petroleum Corporation Ltd has a 15% market share in the refining industry. This Refinery Company is an Indian public sector oil and gas company headquartered in Mumbai. This company operates two of India's largest refineries. Bharat Petroleum Corporation Ltd is the second largest downstream oil company in India.
BPCL was nationalized in 1976 under the law on the nationalization of foreign oil companies ESSO, Burma Shell and Caltex. By 2019 this Petroleum company is ranked 275th in the Fortune list of the world's largest corporations. This company is also ranked 672nd in the Forbes 2018 list. This Petroleum Company was also the first refinery to process the newly discovered domestic crude at Bombay High.
Revenue : ₹286,501.23 crore
Net income : ₹3,055.36 crore
Number of employees : 12,157
Products : Natural gas, Petrochemicals, Petroleum, Lubricants, LNG
3. Hindustan Petroleum Corporation Ltd
Hindustan Petroleum Corporation Ltd has 2 major refineries producing various types of petroleum fuels and specialties, and manages it. HPCL is known as an Indian public sector oil and gas company. Hindustan Petroleum Corporation Ltd is a subsidiary of ONGC and is headquartered in Mumbai, Maharashtra. This refinery has state-of-the-art information technology infrastructure to support its core business.
This refinery operates two large refineries that produce a variety of petroleum fuels and specialties. This company has India's largest lubricant refinery producing 335 TMT of international standard lube base oil. Hindustan Petroleum Corporation Ltd accounts for over 40% of India's total lube base oil production.
Revenue : ₹270,773 crore
Net income : ₹3,096 crore
Number of employees : 10,352
Products : Petroleum, Natural gas, LNG, Lubricants, Petrochemicals
4. Nayara Energy Ltd
Nayara Energy Ltd is located at Vadinar in the state of Gujarat. This company is the second largest single-site and art refinery in India. Nayara Energy Ltd accounts for about 8% of India's refining capacity. Nayara Energy Ltd is found to be able to handle a wide variety of crude. Nayara Energy Ltd has an annual capacity of 20 million metric tons.
Nayara Energy Ltd is capable of processing some tough crudes and this company still produces high-quality Euro IV and Euro VI grade products. Nayara Energy Ltd can produce compatible fuels that meet international standards. Nayara Energy Ltd is a privately run downstream oil company. In August 2017 Kesani Enterprise Company Limited acquired 98.26% equity stake in this company and Rosneft Singapore Pte Limited with captive port and power assets.
Revenue : ₹999,411 million
Net income : ₹ 15,210.00 crore
Number of employees : 2500+
Products : Petroleum
5. Indian Oil Corporation Ltd
This Refinery Company is an Indian public sector oil and gas company. Indian Oil Corporation Ltd is headquartered in New Delhi. Indian Oil Corporation Ltd is the largest trading oil company in India. This company has a turnover of Rs 5, 06,428 crore and IOCL has a net profit of Rs 21,346 crore in 2017-18. Indian Oil Corporation Ltd has a throughput capacity of 80.49 million tons per annum for petroleum products.
The business interests of Indian Oil Corporation Ltd overlap the entire hydrocarbon value-chain. Indian Oil Corporation Ltd specializes in marketing, refining, pipeline transportation, research and production of crude oil, natural gas and petrochemicals. This company has about half the market share of India's petroleum products.
Revenue : ₹487,152 crore
Net income : ₹3,242 crore
Number of employees : 33,498
Products : Natural gas, Petrochemicals, Petroleum
6. Oil & Natural Gas Corporation Ltd
This company is an Indian public sector multinational crude oil and gas company. Oil & Natural Gas Corporation Ltd has its registered office in New Delhi. This company is owned by the Government of India under the administrative control of the Ministry of Petroleum and Natural Gas. Oil & Natural Gas Corporation Ltd is gas exploration and Production Company and India's largest oil. And ONGC produces about 70% of India's crude oil and about 84% of its natural gas.
Oil & Natural Gas Corporation Ltd has been ranked as the most profitable PSU in India in a survey conducted by the Government of India for the financial year 2019-20. In addition to traditional research and production, the company's operations include the refining and progressive development of alternative energy sources such as coal-bed methane and shale gas.
Revenue : ₹433,532.97 crore
Net income : ₹11,560.15 crore
Number of employees : 33,650
Products : Petroleum, Natural gas, LNG, Lubricants, Petrochemicals, Electricity