India’s Petroleum Refineries on the Carbon Radar (CCTS Draft 2025)
“Refining crude is messy business—both for your white shirt and the planet.”
India’s 21 operational crude-oil refineries churn out more than 250 million tonnes of product a year and roughly 60 million tonnes of CO₂e while they’re at it.
Now, under the draft Carbon Credit Trading Scheme (CCTS) 2023, each site has been handed a Greenhouse-gas Emission Intensity (GEI) target for 2025-26 and 2026-27. Miss the number and the owner must buy credits—hit it early and they can sell the surplus.
Below you’ll find:
-Five snack-size observations (so you don’t drown in data).
-A ranked table of every refinery—baseline intensity plus both targets.
-A plain-English explainer on what those numbers even mean.
-Quick ideas on where credits might come from (spoiler: bio-pellets, flare-gas recovery, and a little last-mile magic from Anaxee).
Feel free to skim straight to the table; the story will be waiting when you scroll back up.
1. Five Things That Jump Out
Intensity swings are wild Reliance’s SEZ Jamnagar sits at 4.74 tCO₂e per barrel (already decent by global standards) while IOCL’s ageing Guwahati unit hovers near 7.77 t. That’s a 64 % spread—proof that age and fuel mix still matter.
BPCL’s Bina outlier Land-locked and pipeline-fed, Bina is India’s youngest BPCL plant yet sports the highest energy factor in the BPCL stable. Expect an aggressive heat-integration retrofit or a credit-buying spree.
Paradip proves new ≠ perfect IOCL Paradip was designed as a showcase, but at 5.38 t it still needs to cut almost 4 % in three years. Easy on paper, painful if crude slate swings heavier.
Guwahati’s uphill climb To drop nearly 10 % intensity, the 1962-era unit must either flip from furnace oil to natural gas or offset externally. Betting man’s guess: they’ll lean on credits.
A new market for every percent Each decimal point above target converts directly into fresh demand for credits. Renewable developers and agro-offset suppliers—time to shine.
2 Rank-wise List of Every Refinery
Note on units: The official schedule expresses intensity as tCO₂e per thousand barrels of throughput. For simplicity we quote the raw numbers; ranking is by baseline intensity, highest to lowest, because the dirtiest plants are where action (and credits) will concentrate first.
Refinery
State
Baseline GEI 2023-24 (tCO₂e/MBBLS)
Target 2025-26
Target 2026-27
BPCL – Bina
MP
5.231
5.081
4.855
BPCL – Kochi
KL
4.574
4.514
4.423
BPCL – Mumbai
MH
3.978
3.907
3.801
CPCL – Manali
TN
4.948
4.817
4.621
HPCL – Mumbai
MH
5.686
5.542
5.326
HPCL – Visakh
AP
5.523
5.37
5.141
HPCL-Mittal – Bathinda
PB
5.096
5.01
4.882
IOCL – Barauni
BR
5.544
5.435
5.271
IOCL – Bongaigaon
AS
7.027
6.837
6.552
IOCL – Gujarat (Vadodara)
GJ
4.862
4.743
4.564
IOCL – Haldia
WB
6.548
6.331
6.006
IOCL – Mathura
UP
4.783
4.676
4.516
IOCL – Panipat
HR
4.205
4.123
4
IOCL – Digboi
AS
5.784
5.585
5.286
IOCL – Paradip
OD
5.381
5.292
5.16
IOCL – Guwahati
AS
7.765
7.472
7.031
MRPL – Mangalore
KA
5.024
4.903
4.722
Nayara – Vadinar
GJ
4.562
4.464
4.317
NRL – Numaligarh
AS
4.098
4.012
3.883
Reliance – Jamnagar DTA
GJ
4.949
4.889
4.8
Reliance – Jamnagar SEZ
GJ
4.744
4.702
4.638
(Source: Draft CCTS refinery schedule, June 2025)
3 What on Earth Is GEI?
Think of GEI (Greenhouse-gas Emission Intensity) as grams of guilt per barrel. It’s the CO₂e a refinery emits—fuel combustion, flaring, power imports—divided by every thousand barrels processed.
-Why thousand barrels (MBBL)? Industry convention. Easy to benchmark against global peers.
-Why two targets? The scheme sets a halfway target (FY 25-26) and a sharper one (FY 26-27). Plants must stay at or below both.
-What if they miss? Buy carbon credits from the voluntary pool, or pay double the shortfall as a fine. Regulators haven’t priced the fine yet, but word on the street is “painful”.
If you’re a refinery planner, the calculation is simple math; if you’re a sustainability manager, GEI is your new KPI tattooed on the quarterly board deck.
4 Who’s on Track and Who’s Not?
Likely Credit Buyers
Likely Credit Sellers
IOCL Guwahati, IOCL Bongaigaon – ageing, coal-heavy, remote gas supply.
Reliance SEZ, BPCL Mumbai – modern energy integration, captive power from gasification.
External Offsets – Agroforestry, biochar, or improved cook-stove credits—exactly the field projects Anaxee audits with its 50 000 Digital Runners.
6 Where Do Carbon Credits Come In?
Picture this: IOCL Haldia overshoots by 200 000 tCO₂e in 2026-27. They can:
-Buy solar-park credits from Rajasthan.
-Fund a rice-husk briquette switch for east-India textile mills.
-Partner with a biochar producer in Assam and claim a share.
Each path needs MRV evidence—photos, farmer affidavits, GPS tags—often across dozens of villages. That’s where Anaxee’s last-mile network wipes weeks off your audit schedule.
7 FAQ (plain talk)
Q:Are these numbers final? A: Nope, the Gazette called them “draft for stakeholder comments.” Expect minor tweaks but the order of magnitude stands.
Q:Why is Jamnagar listed twice? A: Reliance runs two legal entities: the older DTA (Domestic Tariff Area) and a newer SEZ (Special Economic Zone). Each files separately.
Q:Is 4.0 tCO₂e/MBBL good? A: On par with top-quartile US Gulf Coast refineries. Anything above 6 is “fix-it-or-offset” territory.
8 Final Word
Cutting refinery CO₂ isn’t a one-and-done project- it’s a relay race of fuel switches, pinch-studies, and offset deals. Whether you’re an EPC firm chasing revamp contracts, or a sustainability head scrambling for credits, remember: proof beats promises. Anaxee’s army of Digital Runners can collect that proof across 11 000 pin codes- so you only fly in for the board photo-op.
▶️ Reach out to us at sales@anaxee.com
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