IndianOil’s Octamax® Technology bags the Country’s top Technology Award

Dr. Jitendra Singh, Minister of State for Science and Technology (IC) presenting the award to Dr. SSV Ramakumar, Director (R&D),IndianOil and Dr. Madhusudan Sau, ED (RT), IndianOil

Today Express News / Ajay verma / Faridabad, 12 May 2022: In yet another milestone of technological growth, IndianOil’s Octamax® technology has bagged the country’s top technology award. The much-coveted award was presented by Dr. Jitendra Singh, Minister of State for Science and Technology (I/c), to the IndianOil R&D team led by Dr. SSV Ramakumar, Director (R&D), and Dr. Madhusudan Sau, ED (Refining Technology), in a glittering event that saw the presence of India’s top technocrats and luminaries from the domain of science & technology from across the country. Dr. Srivari Chandrsekhar, Chairperson, TDB & Secretary, Department of Science and Technology was also present on this occasion.

Commending the recognition, Mr. SM Vaidya, Chairman, said, “This National Award for our Octamax® technology is a reaffirmation of IndianOil’s commitment to Atmanirbhar Bharat. It validates our spirited journey from being a technology importer to a creator of cutting-edge refining technologies. Inventing this pioneering technology has helped IndianOil to produce country’s first 100-Octane petrol at our Mathura Refinery and also power high-performing new generation automobiles. The launch of this high octane petrol grade has catapulted IndianOil into the league of select countries such as Germany, USA, Greece, Israel, etc., that offer 100-Octane petrol.”

 Accepting the honour on behalf of IndianOil, Director (R&D) said, “We are proud to receive this coveted award that recognizes IndianOil’s position as a technology licensor in the competitive refining research domain. Octamax® is a state-of-the-art indigenous process technology to produce petrol with exceptionally high anti-knock quality leading to better combustion efficiency & higher fuel saving benefits”.

Based on this indigenous technology, the first Octamax® unit of 55 kTA capacity was successfully commissioned in Mathura Refinery in January 2018. Two more units, based on IndianOil’s Octamax technology, are currently at an advanced stage of commercialisation.