Page 188 - January 2022 Issue
P. 188

Chennai Petroleum


            Corporation Limited












                                                                                               S.N. Pandey
                                                                                                 MD, CPCL




                                                      hennai  Petroleum  Corporation  Limited  (CPCL)  (formerly
                                                      known  as  Madras  Refineries  Limited)  was  formed  as  a  joint
                                               Cventure of the Government of India, Amoco India Inc., U.S.A.
                                               and National Iranian Oil Company (NIOC), Iran with the initial equity
                                               contribution in the ratio of 74:13:13. The company was incorporated on
                                               30.12.1965 as a Public Limited Company. Amoco Inc. disinvested its
                                               equity holding in favour of GoI in 1985. Later, Govt. of India transferred
                                               its equity share of 51.89% to IndianOil Corporation Limited.


                                               IndianOil,  a  diversified,  integrated  energy  major  with  presence  in
                                               almost all the streams of oil, gas, petrochemicals and alternative energy
                                               sources.  32%  of  national  refining  capacity  and  71%  of  downstream
            CPCL in this Pandemic              sector pipelines throughput capacity are with IndianOil, which includes
            situation is operating its         CPCL’s refining thruput and product transfer as a subsidiary.
            Mobile Medical Health
            Care Units in 13 and 11            The main products of the Company are LPG, Motor Spirit, Superior
            villages of Nagapattinam           Kerosene, Aviation Turbine Fuel, High Speed Diesel, Naptha, Bitumen,

            and Ramanathapuram                 Lube Base Stock, Paraffin Wax, Fuel Oil, Hexane and Petrochemical Feed
            District respectively to           stocks. CPCL also supplies Linera Alkyl Benzene Feed stock (LABFS) to
            extend the health services         a downstream unit for manufacture of Linear Alkyl Benzene.
            to the poor and needy              Employees Strength
            members in these villages          •  Permanent (on roll): 1684 (as on 31.03.2020)
            which lack regular access          •  Contractual : 5621 contractor workmen deployed during the month
            to medical assistance.                of March 2020.














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