Indian Oil Corporation Ltd
Indian Oil Energy Data Preview
In 2024, Indian Oil disclosed key data related to its energy management practices, providing transparency into its operational energy use in line with recognized sustainability reporting frameworks.
Indian Oil also reported how it meets its energy needs through a mix of purchased and self-generated energy, offering insight into its sourcing strategy and level of energy independence.
Additionally, Indian Oil also disclosed progress toward renewable energy adoption, highlighting the share of total energy sourced from renewable versus non-renewable sources.
Finally, Indian Oil also reported the types of energy sources as well as generation technologies, both for purchased and self-produced energy, helping stakeholders evaluate Indian Oil's reliance on fossil fuels versus cleaner alternatives.
| Metric (GJ) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Energy Consumed | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Renewable Energy Consumed | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Non-renewable Energy Consumed | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Electricity Consumed | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
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Insights into Indian Oil's Energy Renewability
In 2024, Indian Oil consumed a total of 325.93 million Gigajoules of energy across its operations. Of this total, 0.07% was sourced from renewable energy, either derived from natural resources like biofuels, biomass, or biogas, or generated using renewable technologies such as solar or wind power. The remaining 99.93% was classified as non-renewable energy, coming from fossil-based fuels such as coal, natural gas, or crude oil, or from non-renewable generation technologies like nuclear power.
Indian Oil's Energy Renewability Rate
How much of Indian Oil's energy consumed is renewable?
In 2024, Indian Oil consumed a total of 325.93 million Gigajoules of energy, of which 0.07% was derived from renewable sources, including biofuels, biomass, biogas, solar, and wind power.
This low level of renewable energy use highlights a heavy reliance on fossil fuels or other non-renewable sources, suggesting that Indian Oil has considerable room to improve its energy sustainability strategy.
Are Indian Oil's energy practices becoming more sustainable?
Since 2022, Indian Oil's total energy consumption increased by 3.67%, including a 7.81% increase in 2024, reflecting a sustained rise in overall energy demand.
Over the same period, the share of renewable energy decreased by 43.75%, with a further 46.46% drop in 2024, highlighting a weakening in renewable energy performance.
Overall, Indian Oil is consuming more energy while simultaneously reducing its use of renewable sources, raising concerns about a growing dependency on fossil fuels and the company’s alignment with sustainability goals.
Indian Oil's Renewable vs Non-renewable Energy Over Time
- Renewable Energy Consumed
- Non-renewable Energy Consumed
Insights into Indian Oil's Energy Consumption & Production Mix
In 2024, Indian Oil disclosed detailed information on both the sources and generation technologies of its consumed and produced energy This disclosure enables a clearer assessment of the Indian Oil's overall energy mix, its sourcing strategy, and its reliance on fossil fuels versus cleaner alternatives such as renewables and low-carbon technologies.
Indian Oil's Energy Consumed by Sources and Technologies
What are the main sources and generation technologies behind Indian Oil's energy consumption?
In 2024, Indian Oil's total energy consumption was primarily sourced from
- Coke, Diesel, Natural Gas, Other Gaseous Fuel, Other Oil Products and Other Sources (98.75%)
- Electricity (Unspecified Source) (1.18%)
- Solar Energy and Wind Energy (0.07%)
How diverse is Indian Oil’s energy consumption mix?
In 2024, Indian Oil consumed energy from 7 different sources or generation technologies, indicating a highly concentrated energy mix, with Coke, Diesel, Natural Gas, Other Gaseous Fuel, Other Oil Products and Other Sources alone accounting for 98.75% of total consumption.
What are the main sources or generation technologies used by Indian Oil to produce energy?
In 2024, Indian Oil's energy production came primarily from
- Solar Energy and Wind Energy (100%)
How diverse is Indian Oil’s energy production mix?
In 2024, Indian Oil produced energy using 1 different sources or generation technologies. The energy production mix is highly concentrated, with Solar Energy and Wind Energy alone making up 100% of total output.
Indian Oil's Energy Produced by Sources and Technologies
Insights into Indian Oil's Energy Inflows & Self-Sufficiency
In 2024, Indian Oil reported total energy inflows of 5.28 million Gigajoules, which corresponds to the company's full energy needs, including energy consumed, redistributed, sold, or stored. This energy inflow was composed of 3.84 million Gigajoules purchased from external suppliers and 1.45 million Gigajoules generated through internal production. This corresponds to a production share of 27.35%, reflecting a 190.98% percentage point decrease from the previous year (2023) and a 30.49% percentage point decrease since 2022.
While Indian Oil's production share has held steady over the longer term, the recent decline may signal the start of a shift toward greater dependence on external energy sources. Whether this is a strategic choice or a short-term fluctuation remains to be seen.
Indian Oil's Energy Purchased vs Produced Over Time
- Total Energy Produced
- Total Energy Purchased