Lok Sabha Question No. 334 (UNSTARRED), answered on 2017-12-18
Subject: Global Energy Company Rankings
Ministry: PETROLEUM AND NATURAL GAS
Asked by: Adhikari Dibyendu

## LOK SABHA

## UNSTARRED QUESTION  No. 334 TO BE ANSWERED ON: 18 th  DECEMBER, 2017

## GLOBAL ENERGY COMPANY RANKINGS

## 334.  SHRI DIBYENDU ADHIKARI:

पेट्रोलियम और प्राक ृ लिक गैस मंत्री

Will the Minister of PETROLEUM AND NATURAL GAS be pleased to state:

- (a)  whether  the  Indian  Energy  Public  Sector  Undertakings  (PSUs) have reportedly lost their rankings in the Global Energy Company (GEC) Rankings as compared to the Indian Multinational Agencies;
- (b)    if  so,  the  details  thereof  during  the  last  three  years  along  with  the  financial statements of the Indian companies therein;
- (c)  the  details  of  S&P  Global  Platts  Top  250  GEC  rankings  in  terms  of  audited financial performance and the debt position of all Indian energy companies listed in the said rankings; and
- (d) the details of merger/acquisition proposals of the energy PSUs of the country at present?

## ANSWER

## पेट्रोलियम और प्राक ृ लिक गैस मंत्री (श्री धमेन्द्र प्रधान) MINISTER OF PETROLEUM & NATURAL GAS

## (SHRI DHARMENDRA PRADHAN)

(a) to (c): As far as oil and gas Public Sector Undertakings under the administrative jurisdiction  of  Ministry  of  Petroleum  and  Natural  Gas  are  concerned,  they  have improved  their  Global  Energy  Company  Ranking.    The  details  of  their  rankings during  the  last  three  years  are  at  Annexure-I.    Their  financial  statements  and  the debt position for the last three years are at Annexure-II.

(d):  As  far  as  Ministry  of  Petroleum  and  Natural  Gas  is  concerned,  the  Cabinet Committee on Economic Affairs (CCEA) has given in-principle approval for strategic sale of the Government  of  India's existing 51.11%  of total paid up equity shareholding in Hindustan Petroleum Corporation Limited (HPCL) to Oil and Natural Gas Corporation (ONGC).

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Annexure-I

Annexure-I referred to in parts (a) to (c) of the Lok Sabha Unstarred Question No.334 for 18.12.2017 regarding 'Global Energy Company Rankings' asked by Shri Dibyendu Adhikari.

Global Energy Rankings of Indian Oil and Gas PSUs under the administrative jurisdiction of Ministry of Petroleum and Natural Gas

|   Sl.No. | Name of PSU                                    |   2015 |   2016 |   2017 |
|----------|------------------------------------------------|--------|--------|--------|
|        1 | Indian Oil Corporation Limited (IOCL)          |     66 |     14 |      7 |
|        2 | Oil and Natural Gas Corporation Limited (ONGC) |     17 |     20 |     11 |
|        3 | Bharat Petroleum Corporation Limited (BPCL)    |     59 |     35 |     27 |
|        4 | Hindustan Petroleum Corporation Limited (HPCL) |    133 |     48 |     48 |
|        5 | GAIL (India) Limited                           |    120 |    132 |    106 |
|        6 | Oil India Limited (OIL)                        |    222 |    201 |    232 |

Annexure-II

Annexure-II referred to in parts (a) to (c) of the Lok Sabha Unstarred Question No.334 for 18.12.2017 regarding 'Global Energy Company Rankings' asked by Shri Dibyendu Adhikari.

The financial performance and debt position of Indian Oil and Gas PSUs for the last 3 years

(Rs. in crore)

| Name of the PSU   | Particulars                    | 2014-15   | 2015-16   | 2016-17   |
|-------------------|--------------------------------|-----------|-----------|-----------|
| IOCL              | Revenue from Operation (Gross) | 4,67,932  | 4,06,828  | 4,45,373  |
| IOCL              | Profit after Tax               | 5,273     | 11,242    | 19,106    |
| IOCL              | Equity                         | 67,970    | 88,135    | 99,729    |
| IOCL              | Borrowings                     | 55,248    | 52,880    | 54,820    |
| ONGC              | Revenue from Operations        | 1,66,389  | 1,35,664  | 1,42,149  |
| ONGC              | Profit After Tax (PAT)         | 18,334    | 12,875    | 20,498    |
| ONGC              | Debt/Equity Ratio              | 0.27      | 0.20      | 0.21      |
| BPCL              | Total Revenue                  | 2,40,287  | 1,91,315  | 2,44,648  |
| BPCL              | Profit After Tax               | 5,085     | 7,432     | 8,039     |
| BPCL              | Total Borrowing                | 13,098    | 15,976    | 23,159    |
| BPCL              | Debt/Equity Ratio              | 0.58      | 0.58      | 0.78      |
| HPCL              | Gross Sales of Product         | 2,17,061  | 1,97,438  | 2,13,489  |
| HPCL              | PBDIT                          | 6,832     | 9,083     | 12,092    |
| HPCL              | Profit After Tax               | 2,733     | 3,726     | 6,209     |
| HPCL              | Networth as on 31 st March     | 16,022    | 17,970    | 20,347    |
| HPCL              | Borrowings as on 31 st March   | 20,335    | 21,167    | 21,250    |
| GAIL              | Networth                       | 28,888    | 30,699    | 32,350    |
| GAIL              | Profit After Tax               | 3,039     | 2,226     | 3,503     |
| GAIL              | Gross Margin (EBIDTA)          | 5,620     | 5,172     | 7,287     |
| GAIL              | Reserves & Surplus             | 27,851    | 29,316    | 36,458    |
| GAIL              | Earnings Per Share             | 24        | 18        | 21        |
| GAIL              | Debt/Equity Ratio              | 0.33      | 0.26      | 0.16      |
| OIL               | Networth                       | 21,497.59 | 22,802.26 | 23,201.74 |
| OIL               | Revenue                        | 11,019.86 | 11,158.63 | 11,191.07 |
| OIL               | Profit after Tax               | 2,510.20  | 2,301.67  | 1,548.68  |
| OIL               | Debt                           | 8,341.08  | 9,132.84  | 8,947.53  |