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IOC Completes First Phase of Petrol Pump Automation

  • State-owned Indian Oil Corporation (IOC) has completed the first phase of automation of its petrol pumps across the country and is "progressing very fast" in this regard, according to a top company official.Last year, IOC embarked on a plan to automate all its petrol stations. In the first phase, the oil major identified about 1,600 petrol stations.

  • "That is progressing very fast. We have already covered 2,000 petrol pumps (under this programme)," IOC Chairman and Managing Director R S Butola said.He said after completing automation of 4,500 pumps retailing 200 kilolitres per month, they would move on to petrol pumps that retail about 100 kilolitres every month.

  • "All our petrol outlets selling more than 200 kilolitres per tonne are being covered in the first phase. In the second phase, all pumps retailing about 100 kilolitres will be put under automation", he said.IOC has about 19,000 fuel stations across the country and for automation, the company needs to shell out about Rs 15 lakh per pump, a senior official who did not wish to be quoted said.The decision to automate petrol pumps as they cannot be "tampered with", he claimed.It would actually help customers identify if they have purchased the correct quantum of fuel for their money, he said, adding, it would also help ascertain whether the fuel has the correct mixture of additives.

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