2026 - Chennai Petroleum Corporation Ltd | Commemorative Coin

A commemorative coin of ₹60 will be issued to celebrate the Diamond Jubilee of Chennai Petroleum Corporation Limited. The Ministry of Finance has issued the gazette notification on January 16, 2026.

Chennai Petroleum Corporation Limited (CPCL) is one of India’s leading public sector oil refining companies and plays a vital role in the nation’s energy infrastructure. Established in 1965 as Madras Refineries Limited, the company was formed as a joint venture between the Government of India, AMOCO, and the National Iranian Oil Company. Over the decades, it has grown into a major refining and petroleum products manufacturing organization, contributing significantly to the energy requirements of southern India. In 2007, the company was renamed Chennai Petroleum Corporation Limited to reflect the modern identity of the city and its expanding corporate profile.

CPCL operates primarily as a subsidiary of Indian Oil Corporation Limited, which holds a majority stake in the company. Its main refinery complex is located at Manali near Chennai, Tamil Nadu, with another refinery unit at Nagapattinam. Together, these facilities have a combined refining capacity of over 11 million metric tonnes per annum, making CPCL one of the key players in India’s refining sector. The company processes a wide variety of crude oils and produces essential petroleum products such as petrol, diesel, kerosene, liquefied petroleum gas, aviation turbine fuel, naphtha, and lubricants, which are supplied across multiple states.

Over the years, CPCL has consistently focused on modernization, technological advancement, and environmental sustainability. The company has implemented several projects aimed at improving fuel quality and meeting stringent environmental standards. It has invested in upgrading refinery units to produce Bharat Stage–compliant fuels and has adopted cleaner and more efficient production processes. CPCL is also actively involved in energy conservation measures and has undertaken initiatives to reduce emissions, optimize water usage, and promote greener operations.

Beyond its core business activities, Chennai Petroleum Corporation Limited has contributed to social and economic development through various corporate social responsibility programs. The company supports initiatives in education, healthcare, community welfare, and infrastructure development in and around its areas of operation. These efforts reflect CPCL’s commitment to inclusive growth and responsible corporate citizenship.

As India continues to expand its energy capacity to support economic growth, CPCL remains an important pillar of the country’s petroleum sector. With ongoing projects, capacity expansion plans, and a focus on innovation, the company is well positioned to meet future energy demands. Chennai Petroleum Corporation Limited stands as a symbol of India’s industrial progress and self-reliance in the critical field of energy production and refining.