Indian Oil Corporation limited

IndianOil (IOCL) leads the pack of India’s top oil & gas companies in the ranking by total income. With its aim to provide world-class facilities and complaint-free service to its customers, IndianOil is leveraging technology to maximise accuracy at its supply points by minimising human intervention. With the commissioning of its first SMART terminal in October 2015, IndianOil has already commissioned 40 SMART terminals (the highest number by any single company in the country) and will be converting all the balance storage terminals to SMART terminals by the end of FY 2018.

As on date, IndianOil’s 130 IndianOil storage terminals located around the country form the backbone of its POL supply & distribution (S&D). A SMART terminal is one where Tank-Truck (TT) filling operation is fully automated from its entry to exit from the terminal. A centralised automated system takes care of all the core operations, thus enabling manpower to focus only on the critical maintenance and safety-related support and engaging qualitatively with customers. IndianOil has successfully leveraged automation and technology to achieve unmanned tank lorry filling (TLF) operations round the clock.

India is amongst the fastest growing petrochemicals markets in the world. Taking this into consideration and to enhance its downstream integration, IndianOil is focusing on increasing its presence in the domestic petrochemicals sector besides the overseas markets through systematic expansion of customer base and innovative supply logistics. The Corporation is envisaging an investment of Rs 30,000 crore in the petrochemicals business in the next few years. These projects will utilise product streams from the existing refineries of IndianOil, thereby achieving better exploitation of the hydrocarbon value chain.