Indian Oil Startup Fund

Last date of Start-up Scheme Round-2 has been extended upto 31st August'2018

THE RECEIPT OF APPLICATION UNDER ROUND - 2 IS CLOSED. Thanks for overwhelming response!!!

'Innovation' being one of the core values of IndianOil, the Corporation believes that Innovation is the key to being the market leader in the oil & gas sector in the country.


IndianOil's sprawling R&D Centre at Faridabad near Delhi is one of Asia's finest, and plays a key role in supporting the Corporation's business interests by developing economical, environment-friendly products, processes and technology solutions. R&D has been undertaking pioneering research in the areas of lubricants formulation, refinery processes, pipeline transportation and alternative fuels. It currently holds 611 active patents, of which 388 are international patents.

The vibrant research undertaken by the Centre is showcased by IndianOil's SERVO® product line, with over 5,000 lubricant & grease formulations to suit all conceivable automotive and industrial applications. The Centre has also developed several in-house refinery process technologies and catalysts specially suited to refinery operations in India. Its alternative energy programmes include bio-energy, solar energy, Hydrogen energy, H-CNG blends, synthetic fuels and shale oil. The Centre is also focussing on cutting-edge research in the areas of nanotechnology, petrochemicals & polymers, multi-feed (coal, pet coke & biomass, etc.) gassification/liquefaction, and gas-to-liquid technologies.

A 4.17 million tonnes per annum unit based on IndianOil's flagship INDMAX technology has been commissioned at Paradip Refinery. INDMAX enables conversion of petroleum residues into more valuable LPG, light distillates and petrochemical feedstock. Besides, INDAdeptG technology is being implemented at Guwahati Refinery to produce gasoline conforming to BS-iv norms. The Centre also developed several process technologies like indeDiesel, indSelect, OCTAMAX, etc., to facilitate BS-VI compliance. Indane Nanocut, a hi-therm LPG-based metal-cutting gas developed by IndianOil, and is being supplied pan-India.

Open Innovation CHALLENGE