The Full Form of CPCL is the Chennai Petroleum Corporation Limited. It was established in 1965 as a joint venture between the GOI, American Oil Company (AMOCO), and the National Iranian Oil Company, Chennai Petroleum Corporation Limited (CPCL) which was formerly Madras Refineries Limited (MRL) and is now a subsidiary of Indian Oil Corporation (IOCL). Furthermore, the current ownership structure sees IOCL holding the majority stake (51.89%), followed by NIOC (15.40%) and other shareholders (32.71%). Read on to learn more about CPCL Full Form and more.
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What is CPCL?
Table of Contents
We have discussed the Full form of CPCL and now we will dig deeper into the meaning of CPCL. Moreover, here is the table to make the process easier for you to understand:
Feature | Description |
Previous Name | Madras Refineries Limited (MRL) |
Founded | 1965 (as a joint venture) |
Founders | Government of India (GOI), AMOCO, National Iranian Oil Company (NIOC) |
Current Parent Company | IndianOil (IOCL) |
Refinery Location | Manali, Chennai |
Present Capacity | 10.5 MMTPA |
Nelson Complexity | 9.71 |
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What Does CPCL do?
CPCL supplies Linear Alkyl Benzene Feedstock (LABFS) and other petrochemical feedstocks to downstream industries.
Additionally, the main products of the CPCL are the following:
- LPG
- Motor Spirit (gasoline)
- Superior Kerosene
- Aviation Turbine Fuel
- High-Speed Diesel
- Naphtha
- Bitumen
- Lube Base Stocks
- Paraffin Wax
- Fuel Oil
- Hexane
- Petroleum Coke
Furthermore, their additional work includes certifications are ISO-9001:2008 (Quality Management), ISO-14001:2004 (Environmental Management), and OHSAS 18001:2007 (Occupational Health and Safety Management) for CPCL Manali Refinery.
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FAQs
CPCL meets the energy needs of Tamilnadu State and parts of neighbouring States.
Chennai Petroleum Corporation Limited (CPCL) which is a subsidiary of Indian Oil Corporation, is a government-owned oil refinery company in India.
The average pay scale of CPCL is Rs 50000 to 180000 at the basic pay.
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