About US

About IndianOil
Adani Ventures Limited

IndianOil Adani Ventures (formerly known as Indian Oiltanking), is a midstream infrastructure service and solution provider to the Oil, Gas, and Chemical Industry with domain expertise in Terminalling Services, Build Capabilities, and Renewable Energy. We offer a comprehensive range of services to cater to all customer requirements, from initial conception to the commissioning and operation & maintenance of bulk liquid storage facilities.

Since 1996, IAVL has been at the forefront of meeting the storage logistics needs of customers. IAVL is jointly owned by Indian Oil Corporation (IOC), a Maharatna PSU company, and Adani Ports and Special Economic Zone Ltd (APSEZ), India’s largest transport utility company. This collaboration empowers us to provide customers with unparalleled logistics services and technical solutions in the Petroleum, Petrochemical, Chemical, and Gas storage industries.

Our global pedigree brings curated expertise in developing, executing, and operating across geographies in Energy and Chemical storage logistics. A distinguishing feature of our company is the highest standards we follow in terms of Health, Safety, Security, and Environmental (HSSE) practices. We take pride in our safe man hours, which run into millions, and our consistent recognition and rewards from customers on national and international platforms.

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Our Genesis

In 1996, Indian Oiltanking Limited commenced its operations in India. IndianOil Corporation Limited and Oiltanking GmbH, Germany, (a group of company of the Marquard & Bahl's AG) were joint venture companies of Indian Oiltanking. The company was formed to provide transportation and storage solutions for crude oil and petroleum products.

In January 2023, Oiltanking GmbH divested its entire stake (49.38%) in Indian Oiltanking Ltd, and Adani Ports and Special Economic Zone Ltd acquired the same. The organization was renamed as IndianOil Adani Ventures Ltd (IAVL).

Currently, both the companies - Indian Oil Corporation and Adani Ports and SEZ hold equal shares in IAVL


About Adani Ports and Special Economic Zone Ltd

Adani Ports and Special Economic Zone Limited (APSEZ), is a part of the globally diversified Adani Group comprising of 10 publicly traded companies in sectors of Energy and Utilities, Transportation and Logistics, Defence, Airports, Road and Rail, Data Center, Real Estate and others. APSEZ has evolved from a port company to an Integrated Transport Utility providing end-to-end solutions from its port gate to the customer’s gate. It is the largest port developer and operator in India, with six strategically located ports and terminals on the West Coast and six ports and terminals on the East Coast representing 24% of the country's total port capacity, thus providing capabilities to handle vast amounts of cargo from both coastal areas and the hinterland. The company is also developing two transshipment ports at Vizhinjam, Kerala and Colombo, Sri Lanka. Its ‘Ports to Logistics Platform’ comprises port facilities, integrated logistics capabilities, including multimodal logistics parks, Grade A warehouses, and industrial economic zones. This puts APSEZ in an advantageous position as India stands to benefit from an impending overhaul in global supply chains.

About Indian Oil Corporation Ltd.

Indian Oil Corporation Ltd. (IOC) is a diversified integrated multinational energy major with business interests straddling the entire hydrocarbon value chain - from refining, pipeline transportation & marketing to exploration & production of crude oil & gas, petrochemicals, gas marketing, alternative energy sources and globalisation of downstream operations. With US$ 112 billion in revenue from operations and US$ 993 million net profit, IOCL is ranked 94th in the Fortune 500 list of 2023. India’s flagship Maharatna National Oil Company, IOCL has more than 35 subsidiaries and joint venture companies in India and abroad. In India, IOCL has the widest network of over 60,000 plus customers touch points supported by 70.05 MMTPA of refining capacity from 10 refineries, and more than 17,000 KM of cross-country pipelines. IOCL is one of the leading Petrochemical players in India with a petrochemical production capacity of nearly 3200 KTA. It also has one of Asia's finest R&D centre with world-class technology, process solutions, and innovative products. A leading player in green energy, it was one of the first marketers of CBG for transportation and has a total renewable energy capacity of nearly 240 MW comprising of solar and wind energy.