Indian Oil’s refineries to operate at 80% capacity 

#GS3 #Economy 

Demand for petroleum products up 

  • With demand for petroleum products gradually picking up, India’s largest petroleum retailer Indian Oil Corporation (IndianOil) has re-started several process units at its refineries that were down due to the lockdown. 
  • With throughputs gradually picking up pace, the refineries are currently operating at about 60% of their design capacities with plans to scale up to 80% of the design levels by the end of the month. 
  • IndianOil has resumed manufacture of petrochemical intermediates like HDPE (high-density polyethylene) and polypropylene at its Panipat complex. 

Naptha cracker unit 

  • With the demand for these grades likely to increase even further in the coming days, the naphtha cracker as well as the MEG (Mono-ethylene-glycol) plants at Panipat are back in operation. 
  • The polypropylene plant at Paradip too will resume operations in a couple of days.  
  • The other polymer units are being readied to go online this month. 
  • The revival of the Panipat naphtha cracker unit will also facilitate further increase in refinery crude oil throughputs, according to the company. 
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