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A commemorative coin was released recognising CPCL’s sixty years of refining operations

Newsmantra — Mon, 02 Feb 2026 07:42:13 +0000

NEW DELHI. A commemorative coin recognising CPCL’s sixty years of refining operations was released at the India Energy Week (IEW) 2026 event in Goa by Shri Hardeep Singh Puri, Hon’ble Minister of Petroleum and Natural Gas, in the presence of Shri Neeraj Mittal, Secretary, Ministry of Petroleum and Natural Gas, and Shri A. S. Sahney, Chairman, IndianOil and CPCL. Shri H. Shankar, Managing Director, CPCL, and Shri S. G. Venkatesh, Director (Technical), CPCL, were also present on the occasion.

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Rashmi Govil, Director (HR) IndianOil, Featured in NHRDN Delhi & NCR Chapter’s Coffee Table Book Celebrating HR Leadership

Newsmantra — Tue, 02 Dec 2025 09:13:37 +0000

Ms Rashmi Govil, Director (HR) of IndianOil, and a member of the SCOPE Executive Board, has been featured in the coffee table book published by the NHRDN Delhi & NCR Chapter. The publication highlights the inspiring stories of 19 CHROs, celebrating their passion and impactful contributions to the HR fraternity.

Expressing her gratitude, Rashmi Govil appreciated the efforts of Anurag Malik, Bhavna Batra, Renu Bohra, and the NHRDN Delhi & NCR Chapter for this thoughtful initiative. She shared that being part of this compilation is both humbling and motivating, and she congratulated her fellow CHROs, encouraging them to continue shining and inspiring others in the HR community.

This recognition underscores Rashmi Govil’s leadership in HR strategy, transformation, development, and mentorship, further strengthening her influence in shaping industry best practices.

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Saumitra P. Srivastava Assumes Charge as Director (Marketing) of IndianOil

Newsmantra — Mon, 27 Oct 2025 07:54:54 +0000

NEW DELHI: IndianOil has announced that Shri Saumitra P. Srivastava has assumed charge as Director (Marketing) of the Corporation. With over three decades of experience across diverse business functions, Mr. Srivastava brings deep expertise in downstream operations, marketing, and strategic management. An alumnus of IIT Roorkee and SP Jain Institute of Management & Research, Mumbai, he has been instrumental in shaping key business verticals within IndianOil, beginning his career in the LPG business and later holding several leadership roles in sales and retail.

Mr. Srivastava has successfully led major transformation projects, including the Non-Fuel Convenience Stores initiative and the Dhruva – Retail Transformation Project. He has also spearheaded several technology-driven and digitalisation programmes aimed at enhancing customer experience and operational efficiency. Over the years, he has held prominent leadership positions such as Head of Retail Transformation and Retail Business Head for North and East India, in addition to leading divisional offices in New Delhi and Mumbai.

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AIR INDIA AND INDIANOIL SIGN MOU FOR SUPPLY OF SUSTAINABLE AVIATION FUEL

Newsmantra — Wed, 20 Aug 2025 10:50:28 +0000

· As part of its strategy to achieve the IATA Net Zero by 2050 target, Air India is actively pursuing initiatives in operational efficiency, low-carbon emissions, and now, SAF

· Collaboration builds upon IndianOil’s recent milestone of becoming the first Indian company to receive ISCC CORSIA certification for SAF production at its Panipat Refinery

Bengaluru, 19 August 2025: Air India and Indian Oil Corporation Limited (IOCL) today signed a Memorandum of Understanding (MoU) for the supply of Sustainable Aviation Fuel (SAF), marking a major step towards a greener future for Indian aviation. Under the MoU, Air India, a Tata Group company, and IOCL have outlined their shared commitment to promote the adoption of low-carbon fuels in aviation, support global decarbonization goals, and contribute to the transition towards more sustainable air transport operations.

As part of its broader strategy to achieve the IATA Net Zero by 2050 target and comply with CORSIA obligations, Air India is actively pursuing initiatives in operational efficiency, low-carbon emissions, and now, SAF. This MoU marks a significant step in expanding its green aviation portfolio.

The MoU was signed by Shailesh Dhar, Executive Director (Aviation), IndianOil and P Balaji, Group Head – GRC and Corporate Affairs, Air India, in the presence of AS Sahney, Chairman, IndianOil and Campbell Wilson, CEO & Managing Director, Air India, and other officials.

AS Sahney, Chairman, IndianOil said: “The signing of this MoU with Air India represents a strategic step in India’s transition to sustainable aviation. With our ISCC-CORSIA-certified SAF from Panipat, IndianOil is ready to provide a sustainable fuel solution that will help decarbonize air travel. Partnering with India’s flagship carrier, we are aligning national growth with global climate goals and setting a benchmark for the industry.”

Campbell Wilson, CEO & Managing Director, Air India said: “Through this MoU with IndianOil, Air India is committed to support the Government of India’s initiatives to promote sustainable development in the aviation sector and to further its own sustainability goals to achieve the IATA Net Zero by 2050 target.”

Air India’s fleet renewal plan, with 570 new aircraft on order, will enable the airline to operate one of the lowest carbon emitting fleets in the world and its plans to establish more non-stop city-pairs will result in less emissive flights and itineraries. Air India has also adopted market-leading flight planning and optimisation systems, including upgrading its route planning software and coordination with air traffic management, and has entered into an MOU with India’s Council of Scientific and Industrial Research and the Indian Institute of Petroleum to collaborate on the research, development and deployment of SAF.

Over the last few years, Air India has adopted several green practices, including reducing single-use plastics and using lighter material for cutlery and dishes, and is optimising processes such as more frequent engine and airframe washes, implementing single-engine taxiing and autonomous-EV towing to save jet fuel.

These efforts align with India’s broader push for green aviation, which includes India’s target of 5% SAF blending by 2030 and the development of SAF supply chains across the country.

This collaboration builds upon IndianOil’s recent milestone of becoming the first Indian company to receive ISCC CORSIA certification for SAF production at its Panipat Refinery. The certification, granted under ICAO’s Carbon Offsetting and Reduction Scheme for International Aviation (CORSIA), establishes IndianOil’s capability to produce SAF that meets the most stringent international sustainability and lifecycle carbon emission standards.

By integrating certified green fuels into commercial operations, IndianOil and Air India are together reinforcing India’s position as a front-runner in sustainable aviation and energy transition.

Through this MoU, IOCL and Air India aim to collaborate on the supply of SAF to meet CORSIA targets for international flights, ensuring a reliable, transparent, and sustainable fuel supply to support both companies’ environmental goals.

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IndianOil Panipat Refinery Achieves Landmark Certification under ISCC CORSIA Standards for Sustainable Aviation Fuel

Newsmantra — Thu, 14 Aug 2025 08:58:45 +0000

IndianOil’s Panipat Refinery has become India’s first facility to be certified under the esteemed ISCC CORSIA standards for the production of Sustainable Aviation Fuel (SAF). This significant milestone was celebrated with the receipt of the certification by our Chairman in the presence of key stakeholder representatives.

This achievement underscores IndianOil’s leadership and commitment to sustainability, positioning us at the forefront of India’s renewable energy initiatives. The certification not only affirms our capability to produce and certify SAF but also enhances our capacity to contribute meaningfully to India’s environmental commitments and global aviation sustainability goals.

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NEWS MANTRA UPDATE JULY, 10, 2025

Newsmantra — Thu, 10 Jul 2025 05:42:50 +0000

1 . NEW DELHI. IndianOil preparing new strategy for N-power, not interested in Nayara stake: Chairman Sahney; Mint

2 . NEW DELHI. Govt urges coal producers to improve quality amid ongoing complaints.The power ministry,proposed measures such as testing coal quality upon arrival to customers; Business Standard

3 . NEW DELHI. Oil India, GAIL extend 15-year gas supply deal from Rajasthan fields. Business Standard

4 . BANGLURU. Principal Secretary to PM, Dr. P. K. Mishra visited HAL Bengaluru . HAL reaffirmed its readiness to “lead future indigenous”, “multi-stakeholder defense projects.

5 . NEW DELHI. GAIL to see 20 percent hike in pipeline tariff; PNGRB likely to approve revised rates: The Financial Express

6 . BANGLURU . BEL signs contract with Indian Navy for NMDA Project to boost maritime security.

7 . NEW DELHI. India Set To Explore Over 2.5 Lakh Sq Km In One Of The Largest Offshore Energy Efforts; D D News

8 . KOLKATA . DVC celebrates 78th foundation day, rewards employees—The Statesman

9. NEW DELHI. MCX to launch electricity futures contract starting July 10 – DD News

10 . NEW DELHI. DFCCIL inaugurates India’s first private cargo terminal in Gujarat DFCCIL ; ET Infra

11 . NEW DELHI. BCCL has successfully restarted coal production from its long-discontinued PB Project under the MDO model. This marks a historic moment for BCCL becoming the first operational MDO mine within the CIL group. PIB

12 . NEW DELHI. MCD to install rooftop solar panels on nearly 1,000 buildings: ET

13 . BANGLURU. Principal Secretary to PM, Dr. P. K. Mishra visited HAL Bengaluru . HAL reaffirmed its readiness to “lead future indigenous”, “multi-stakeholder defence projects.

14. NEW DELHI . IndiGo flight to Delhi makes emergency landing at Patna airport after bird hit; Hindustan Times

15 . NEW DELHI. DGCA to rank pilot schools to increase transparency.Pilot training schools in India will now be ranked by the government to increase transparency for aspiring pilots. ET

16 . NEW DELHI. REC Limited Invites Applications from IAS Officers for Executive Director Post on Deputation Basis:

17 . NEW DELHI. Steel Authority of India Limited (SAIL) has been declared the Winner in the Public Sector category at the AIMA HR Best Practices Case Study Contest 2025.

18 . NEW DELHI. Shri Ashok Kumar Sehgal has taken over Charge as CEO Patratu Vidyut Utpadan Nigam Limited (PVUNL).

19 . NEW DELHI. Shri Goutam Deb has taken over as the NTPC’s Regional Executive Director (North) .

20 . NEW DELHI. PESB notified vacancy for BPCL Director (HR).

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IndianOil Chairman visits HPCL Green R&D Centre

Newsmantra — Tue, 17 Jun 2025 12:05:36 +0000

BENGALURU. Mr A S Sahney, Chairman, IndianOil’s visited to Hindustan Petroleum Corporation Limited‘s Green R&D Centre in Bengaluru, reinforced the strength of a shared vision and joint research in fields such as refining, petrochemicals, bioenergy and clean energy. The enhanced synergy across OMCs can bridge technology gaps and help position India as a global leader in energy innovation.

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Fueling Purpose, Powering Progress: Women in PSUs Lead with Resilience

Newsmantra — Mon, 16 Jun 2025 09:59:57 +0000

GURGRAM. In a powerful and inspiring interaction at Power Grid Corporation of India, Gurugram, Ms. Rashmi Govil, Director (HR), IndianOil, engaged with an enthusiastic and dedicated group of women executives. The event, organized in association with Women in Public Sector (WIPS), highlighted the essence of resilience, purpose, and continuous growth in the professional journeys of women in the public sector.

The central theme of the session, “Beyond the Destination: Journey of Purpose and Perseverance,” echoed a strong message — that true success lies not only in achieving goals but in embracing the path taken to get there. Ms. Govil emphasized that every step, every choice, and every challenge contributes to shaping not just a career but a more resilient and evolved individual.

“I firmly believe that women add myriad hues to the environment they are a part of,” Ms. Govil shared. “These hues go beyond the vibrant colors they wear — they reflect the depth, strength, and emotional intelligence women bring into their personal and professional spaces.”

The event served as a platform for meaningful exchange and reflection, inspiring women professionals to celebrate their journeys, support each other, and continue striving for excellence with empathy and strength.

Power Grid Corporation of India, through initiatives like these, continues to reaffirm its commitment to empowering women and creating inclusive workspaces where purpose, perseverance, and potential thrive.

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IndianOil ranks 6th globally at the ATD BEST Awards 2025

Newsmantra — Mon, 26 May 2025 06:26:38 +0000

IndianOil ranks 6th globally at the ATD BEST Awards 2025—the highest for any Indian company in recognition of enterprise wide success in employee talent development.

From Nav-Urja & Sopaan to Eklavya & IOLA, our journey is about building a future-ready, empowered workforce.Compliments to Indian Oil exceptional HR, L&D teams & every IOCian powering this journey of learning & growth.

During its 2025 International Conference & EXPO in Washington, DC, the Association for Talent Development recognized organizations and individuals for their excellence and contributions across the talent development field.

Of the 57 BEST Award winners, seven earned Best of the BEST recognition, meaning they have won a BEST Award 10 or more times. TELUS—ATD’s first-ever Best of the BEST winner—has won the award for 20 straight years.

Although ATD announced the companies in contention earlier in the year, the ranking remains a mystery until the annual conference. Here are the top 10:

Panda Restaurant Group, Rosemead, California

Apple Federal Credit Union, Fairfax, Virginia

Nationwide Mutual Insurance Company, Columbus, Ohio

Chailease Holding Company Limited, Taipei

Kuveyt Türk, Istanbul, Turkey

Indian Oil Corporation Limited, New Delhi, India

Suzlon Energy Limited, Pune, India

Busey, Champaign, Illinois

Fisher Investments, Plano, Texas

Amazon India Operations, Bengaluru, India

The awards ceremony also honored recipients of the Advancing Talent Development Awards.

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New benchmarks of IndianOil in FY 2024-25

Newsmantra — Tue, 06 May 2025 13:24:57 +0000

* 80.6% refinery distillate yield – highest ever

* 102% refinery capacity utilisation – despite planned shutdowns

* 100+ million metric tonnes pipelines throughput – first time in its history

* Pipeline network expands beyond 20,000 km – record milestone

These achievements reflect IndianOil’s focus on efficiency, innovation & continuous growth.

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