Public sector Indian Oil Corporation plans to fully automate all its fuel pumps in Indore and Raipur by 2015, and will set up a new depot at Phandakalan near Bhopal in the next three years.
While talking to media persons here on Friday, IOC’s Madhya Pradesh General Manager Sanjiv Jain said that Indian Oil’s Madhya Pradesh State Office plans to fully automate operations of its fuel pumps and locations. A total of 25 per cent of its outlets are fully automated and it aims to automate all fuel pumps in Indore and Raipur by 2015.
The company will be setting up a new depot at Phandakalan near Phanda railway station in the next three years, he said.
Work is on to set up two terminals with considerable storage capacities at lakholi and Korba in Chhattisgarh, he said, adding the tribal-dominated state would be fully supplied through these two terminals. The lakholi terminal would be commissioned in June 2015, while the Korba terminal would begin operations in November 2015, he said.
Jain further informed that IOC’s Madhya Pradesh office caters to fuel requirements in the states of Madhya Pradesh and Chhattisgarh with a total turnover of Rs 21,956 crore per annum (2013-14).