21 tracked facilities, ≈70,283,893 t CO2/yr combined — here are the largest, what that CO2 is worth at current prices, and the sector's reduction pathway. Full sector pathway: decarbonizing oil refining.
| Metric | Value | Note |
|---|---|---|
| Facilities tracked | 21 | with CO2 estimates |
| Total est. CO2 | 70,283,893 t/yr | Climate TRACE 2023 |
| Average per facility | 3,346,852 t/yr | |
| Gross value (full price) | €5,623M/yr | all tracked CO2 × €80.01/t EUA — before free allocation / EU-bound share |
No carbon-pricing instrument is tracked for this country on this hub — exporters of CBAM goods to the EU still pay the border price with no domestic deduction.
| # | Facility | Owner | t CO2/yr (est. 2023) | Indicative value |
|---|---|---|---|---|
| 1 | RPL (Reliance Petroleum Limited) Jamnagar Refinery | Reliance Industries Ltd | 18,862,552 | €1,509.2M |
| 2 | Nayara Vadinar Oil Refinery | Nayara Energy Ltd | 5,875,410 | €470.1M |
| 3 | Mangalore Refinery | Hindustan Petroleum Corporation Ltd | 5,151,261 | €412.2M |
| 4 | IOCL Gujarat Koyali Refinery | Indian Oil Corporation Ltd | 4,516,244 | €361.3M |
| 5 | IOCL Paradip Refinery | Indian Oil Corporation Ltd | 4,235,646 | €338.9M |
| 6 | Guru Gobind Singh Refinery (HPCL-Mittal Energy Limited) | — | 3,616,662 | €289.4M |
| 7 | HPCL Visakh Refinery | ONGC | 3,578,494 | €286.3M |
| 8 | BPCL Kochi Refinery | Bharat Petroleum Corporation Ltd | 3,469,260 | €277.6M |
| 9 | BPCL Mumbai Refinery | Bharat Petroleum Corporation Ltd | 3,392,484 | €271.4M |
| 10 | IOCL Panipat Refinery | Indian Oil Corporation Ltd | 3,253,089 | €260.3M |
Climate TRACE satellite estimates via IndustryAtlas — modelled, not verified; some entries aggregate clusters. Corrections welcome.
Boilers, kilns, heat exchangers, valves and steam lines lose energy continuously. Inzonex makes Inzonex Modular Insulation — snap-fastened modules engineered per temperature tier, not generic off-the-shelf jackets:
Every tonne you stop emitting is a tonne you don't have to report: cutting heat loss is a measurable, auditable Scope 1 reduction that flows straight into EU ETS, CBAM and your ESG / CSRD disclosures — not an offset, an actual emission cut.
