https://indianmasterminds.com

ADVERTISEMENT
ADVERTISEMENT

Indian Oil Unveils Project SPRINT to Drive Future-Ready Transformation

With a refining capacity of 80.8 million tonnes across 10 refineries, Indian Oil accounts for nearly a third of India’s total refining capacity
Indian Masterminds Stories

Indian Oil Corporation Limited (IOCL), the country’s largest oil firm, has launched Project SPRINT, a strategic initiative aimed at making the company future-ready amid the evolving global energy landscape. The initiative focuses on strengthening core businesses while embracing innovation and sustainability.

Also Read: BHEL-Hitachi Consortium Secures 6,000 MW HVDC Transmission Project for Adani Energy

SPRINT stands for:

  • Strengthening core businesses (oil refining, petrochemicals, and fuel marketing)
  • Propelling cost optimization to boost profitability
  • Reinforcing customer-centricity
  • Integrating technology and innovation
  • Nurturing leadership and talent
  • Transitioning towards cleaner energy

Under the leadership of Chairman Arvindar Singh Sahney, Project SPRINT seeks to ensure Indian Oil remains relevant in a world shifting away from fossil fuels. “This transformation will make Indian Oil a smarter, more agile company ready to lead the future,” the firm stated.

Oil Minister Hardeep Singh Puri hailed the project, emphasizing its role in strengthening India’s energy security. “IndianOil’s Project SPRINT reflects a decisive shift towards building a modern and resilient company,” he said.

With a refining capacity of 80.8 million tonnes across 10 refineries, Indian Oil accounts for nearly a third of India’s total refining capacity. It also operates 39,651 petrol pumps, nearly half of the country’s LPG distributors, and 129 aviation fuel stations.

As the backbone of India’s fuel supply, Indian Oil is also driving the nation’s energy transition, expanding into renewables, lithium-ion batteries, and emerging energy solutions. Through Project SPRINT, the company aims to accelerate growth, modernize operations, and ensure a sustainable future.

Also Read: PNGRB Proposes Indian Oil for Andaman & Nicobar Gas Infrastructure Development


Indian Masterminds Stories
ADVERTISEMENT
ADVERTISEMENT
Related Stories
ADVERTISEMENT
ADVERTISEMENT
NEWS
IPS Y
What Killed an Honest IPS? Y Puran Kumar's 9 Page Suicide Note Unlocks Secrets of Job Stress, Names 3 Top Officials
CM Mohan Yadav
Madhya Pradesh CM Mohan Yadav Urges IAS Officers to Drive Inclusive Development and Good Governance
Coal-Production-resized
India’s Coal Exports Rise 23.4% to 1.9 Million Tonnes in FY 2024-25, Boosting Regional Energy Security
Rail News
Cabinet Approves ₹24,634 Crore Multi-Tracking Railway Projects to Enhance Connectivity in Four States
UPPSC_UPPCS_resized
PCS Pre Exam 2025: UPPSC Implements Digital Lockers and Iris Scanning for Enhanced Exam Security
IAS Surendra Singh
Who Is IAS Surendra Singh? Officer Reappointed as Secretary to UP CM Yogi Adityanath After Delhi Deputation
Ministry of Coal
Coal Ministry Hosts Stakeholder Meet to Develop Dedicated CSR Framework for Indian Coal Sector
Surya-Ghar-Muft-Bijli-Yojana
PSBs Sanction Over 5.79 Lakh Loans Worth ₹10,907 Crore Under PM Surya Ghar Muft Bijli Yojana
ADVERTISEMENT
ADVERTISEMENT
Videos
IDES Saquib Alam
UPSC Strategy & Mindset Tips from IDES Officer Saquib Alam | Video Interview 
Dr G K Goswami IPS
Everything you ever wanted to know about e-murder, e-dacoity and data safety
IFS Ravikant Meena UPSC IFS
Ravikant Meena on IFS Preparation, Optionals, and Life in Forest Service
ADVERTISEMENT
UPSC Stories
Jitendra Baghel MPPSC
7 Years, 4 Interviews, Now Dy.SP: How Jitendra Baghel Cracked MPPSC Through Relentless Struggle
Jitendra Baghel’s inspiring journey from a humble farming background to MPPSC Dy.SP showcases relentless...
IDES Saquib Alam
UPSC Strategy & Mindset Tips from IDES Officer Saquib Alam | Video Interview 
Discover how IDES officer Saquib Alam left his corporate job at Mahindra, overcame six UPSC attempts,...
Utkarsh Ujjwal IAS
IAS Utkarsh Ujjwal Shares Key Advice for UPSC Aspirants: Work Ethic, Failure, and Focus
Read the inspiring journey of IAS Utkarsh Ujjwal, 2023 batch, Gujarat cadre. From IIT Guwahati to clearing...
Social Media
World Rhino Day India
On World Rhino Day, IFS Officer Parveen Kaswan Shares Rare Insights - India Now Hosts 80% of the World’s One-Horned Rhinos
September 22 Marks Global Call for Rhino Conservation; India Holds 80% of World’s Greater One-Horned...
Parag Madhukar Dhakate
Relentless Rains Wreak Havoc in Dehradun: IFS officer PM Dhakate Warns Citizens Amid Flash Floods
Cloudbursts in Dehradun triggered flash floods. IFS officer Dr. PM Dhakate warned citizens to stay indoors...
Forest Guard Tiger Encounter
Tigers Clash in the Wild as Forest Guards Capture Rare Footage , Retired IFS Mohan Pargaien Posts Viral Video
Retired IFS officer Mohan Pargaien shares viral video of three tigers brawling in Ramnagar, as forest...
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
Latest
IPS Y
What Killed an Honest IPS? Y Puran Kumar's 9 Page Suicide Note Unlocks Secrets of Job Stress, Names 3 Top Officials
CM Mohan Yadav
Madhya Pradesh CM Mohan Yadav Urges IAS Officers to Drive Inclusive Development and Good Governance
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
Videos
IDES Saquib Alam
Dr G K Goswami IPS
IFS Ravikant Meena UPSC IFS
ADVERTISEMENT
ADVERTISEMENT