Annual Report 2008-2009 - Bharat Petroleum

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viii) Energy Optimization Studies conducted for enhanced crude pre-heat heat recovery through pinch analysis resulted in reduced fuel consumption in MR. Simulation studies of Naphtha Splitter Unit of NRL for producing suitable quality of Naphtha enabled NRL in taking sound Capex decisions for the upcoming Naphtha cracker. ix) (a) Implementation of selected antifoulant with optimal dosage in MR crude-preheat trains resulted in improved heat recovery. (b) Implementation of selected demulsifier in MR CDU Units resulted in improved desalting and reduced overhead corrosion. (c) Studies on Mumbai-Manmad-Bijwasan (MMB) pipeline corrosion resulted in developing an in-house monitoring system for reducing the corrosion. x) Advanced Tech support to Refinery and Marketing operations for resolving technical problems/effecting improvements, such as : (a) Tech support for producing modified bitumen products, viz., CRMB, for launching VG grade bitumen. (b) Commercial trial has been taken of the in-house developed technology for polypacked bitumen. xi) Identified potential sustainable lignocellulosic feedstock for bio-ethanol production. Optimized the process parameters for the maximization of fermentable sugars at lab scale. xii) Long life Diesel Engine Oil for heavy commercial vehicles – extends the drain period of Engine Oil for the latest high performance vehicles besides increasing our share in this segment. xiii) Passenger Car Engine Oil for the latest models – provides an opportunity to increase our market share in this segment. xiv) Bio-degradable Cutting Oil – protects the environment, besides providing a viable option to customers. xv) High Performance Grease – helps us to increase our market share in the Steel manufacturing segment, besides providing a viable alternative to customers. xvi) Defence specific grades – provide an indigenous alternative to Defence. xvii) Alternate formulation for existing grades – helps in reducing the input cost, besides providing flexibility in operation. 3) Future Plan of Action i) Development of process scheme for the production of bio-ethanol and bio-lubricants ii) Development of catalyst/additive for refining processes iii) Development of new process technologies using the additive approach for improving product quality iv) Intensifying and enlargement of activities in the area of Refinery processes and resid upgradation. v) Enlargement of crude basket and identification of opportunity crudes and crude blends vi) Controlling Corrosion and fouling in Refinery units vii) Value added Products/Solvents from the Refinery streams viii) Bio-technological processes ix) Modelling and simulation of Refinery processes x) Coal to Resid Technologies xi) Alternate Fuels & Energy Devices Developing the following grades / products : i) Diesel Engine Oil meeting the latest international specifications ii) Transmission Oil OEM specific iii) Metal Working Fluid iv) Synthetic Gear Oil v) Synthetic Refrigeration Compressor Oil vi) Defence specific grades 42 Bharat Petroleum Corporation Limited
4) Expenditure on R&D during 2008-09 (Rs. in Crores) Value Capital Expenditure 7.68 Revenue/Recurring Expenditure 22.56 Total 30.24 Total R&D Expenditure as a % of total turnover Negligible TECHNOLOGY ABSORPTION, ADAPTATION AND INNOVATION A) MUMBAI REFINERY 1) Efforts, in brief, made towards technology absorption, adaptation and innovation The Refinery has undertaken the following projects to obtain the benefits of the latest technological developments and advances: A) In line with an action plan for meeting the auto fuel quality upgrade of part production of Euro IV quality Diesel by April 2010, the DHDS unit catalyst was changed to the latest generation TK 576 BRIM catalyst supplied by M/s. Haldor Topsoe. B) FCC LPG Merox catalyst was replaced with a new sweetening catalyst jointly developed by BPCL R&D and Indian Institute of Petroleum, Dehradun. 2) Benefits derived as a result of the above efforts, e.g. product improvement, cost reduction, product development, import substitution, etc. A) Time required for catalyst regeneration was saved resulting in faster start-up of the unit. Will reduce total unit down time required for revamp jobs scheduled next year. B) This has enabled import substitution. 3) In case of imported technology (imported during last five years reckoned from the beginning of the financial year), following information may be furnished: (a) Technology imported: Technology Year of import • Fixed Bed Platforming process from M/s. UOP, USA for production of high octane Motor Spirit blend stock and for increasing capacity. • Isodewaxing / Hydrofinishing technology from M/s. Chevron Lummus Global for production of Group-II Lube Oil Base Stocks. • DHDS Reactor catalyst change to new generation HDS catalyst TK 576 BRIM supplied by M/s. Haldor Topsoe, Denmark in December 2007 as a part of the unit revamp for producing Euro IV Diesel. 2003 2003 2007 • Naphtha HDS catalyst was the latest Catalyst from M/s. Haldor Topsoe 2007 Annual Report 2008-2009 43
Page 7 and 8: management team Ms. I. Sasikala Mr.
Page 9 and 10: ) To all Members in respect of shar
Page 11 and 12: Company Performance During the year
Page 13 and 14: Limited (OOCL), is setting up a 6 M
Page 15 and 16: agitation lasted for 1 ½ days. Ext
Page 17 and 18: Bharat PetroResources Limited (BPRL
Page 19 and 20: in the Singapore market, as well as
Page 21 and 22: 2,000 1,800 1,600 PAT ROCE 9.76 12
Page 23 and 24: Annual Report 2008-2009 21
Page 25 and 26: per the provisional figures release
Page 27 and 28: BPCL has been an early mover in the
Page 29 and 30: value for BPCL. Attention is also b
Page 31 and 32: got enrolled in this initiative and
Page 33 and 34: year. An unique program on Workplac
Page 35 and 36: has been conferred the award for th
Page 37 and 38: ANNEXURE TO THE DIRECTORS‘ REPORT
Page 39 and 40: The following awards related to the
Page 41 and 42: FORM A FORM FOR DISCLOSURE OF PARTI
Page 43: FORM B FORM FOR DISCLOSURE OF PARTI
Page 47 and 48: d) Introduction of Auxiliary Firing
Page 49 and 50: Particulars of Directors including
Page 51 and 52: Names of the Directors Academic Qua
Page 53 and 54: 10) Discussing with the Statutory A
Page 55 and 56: 5) Investors’ Grievance Committee
Page 57 and 58: The Chairman & Managing Director an
Page 59 and 60: Share Transfer System Distribution
Page 61 and 62: Annexure II Annexure III DISTRIBUTI
Page 63 and 64: AUDITOR’S CERTIFICATE ON CORPORAT
Page 65 and 66: Sr. No. Name Qualification Age Desi
Page 67 and 68: Sr. No. Name Qualification Age Desi
Page 69 and 70: ANNUAL STATEMENT SHOWING THE REPRES
Page 71 and 72: ANNEXURE TO THE DIRECTORS’ REPORT
Page 73 and 74: 1997-98 1996-97 1995-96 1994-95 199
Page 75 and 76: 1997-98 1996-97 1995-96 1994-95 199
Page 77 and 78: 1996-97 1995-96 1994-95 1993-94 199
Page 79 and 80: PRODUCTION (‘000 MT) 2008-09 2007
Page 81 and 82: AUDITOR’S REPORT TO THE MEMBERS O
Page 83 and 84: (v) In respect of transactions ente
Page 85 and 86: CONSOLIDATED SUMMARY Annexure 1 (Am
Page 87 and 88: PROFIT AND LOSS ACCOUNT FOR THE YEA
Page 89 and 90: SCHEDULE ‘C’ - LOAN FUNDS Secur
Page 91 and 92: SCHEDULE ‘E’ - CAPITAL WORK-IN-
Page 93 and 94: SCHEDULE ‘F’ - INVESTMENTS (CON
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SCHEDULE ‘FA’ - ADVANCE FOR INV
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SCHEDULE ‘K’ - LOANS AND ADVANC
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SCHEDULE ‘N’ - SALE OF PRODUCTS
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SCHEDULE ‘V’ - OTHER OPERATING
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SCHEDULE ‘X’ - (CONTD.) 6.1.2.
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SCHEDULE ‘X’ - (CONTD.) B. NOTE
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SCHEDULE ‘X’ - (CONTD.) Disclos
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SCHEDULE ‘X’ - (CONTD.) Key Man
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SCHEDULE ‘X’ - (CONTD.) 19) INT
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SCHEDULE ‘X’ - (CONTD.) 22.2 Th
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SCHEDULE ‘X’ - (CONTD.) 27) Fin
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SCHEDULE ‘X’ - (CONTD.) 33) Pro
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CASH FLOW STATEMENT For the year en
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CASH FLOW STATEMENT (CONTD.) 2008 2
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AUDITOR’S REPORT ON CONSOLIDATED
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CONSOLIDATED PROFIT AND LOSS ACCOUN
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SCHEDULE ‘C’ - LOAN FUNDS (CONS
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SCHEDULE ‘E’ - CAPITAL WORK-IN-
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SCHEDULE ‘G’ - INVENTORIES (CON
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SCHEDULE ‘K’ - LOANS AND ADVANC
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SCHEDULE ‘O’ - MISCELLANEOUS IN
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SCHEDULE ‘V’ - OTHER OPERATING
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SCHEDULE ‘X’ - (CONSOLIDATED) (
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CASH FLOW STATEMENT (CONSOLIDATED)
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ANNEXURE TO THE DIRECTORS’ REPORT
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Annual Report 2008-2009 - Bharat Petroleum

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