Indian Oil commissions 40 ‘smart’ terminals to boost accuracy -Governance Now

Indian Oil commissions 40 ‘smart’ terminals to boost accuracy

A SMART terminal is one where tank-truck filling operation is fully automated from its entry to exit from the terminal

GN Bureau | January 21, 2017

#smart terminal #Indian Oil #IOCL

In its bid to maximise accuracy at its supply points by leveraging technology, Indian Oil Corporation Ltd (IOCL), a Maharatna PSU, has commissioned 40 SMART terminals and will convert the remaining by 2018 fiscal-end. Its first SMART terminal was launched in October 2015, said a press release of IOCL.

As on date, Indian Oil’s 130 storage terminals across the country form the backbone of its POL supply & distribution (S&D).

Notably, 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. Indian Oil has successfully leveraged automation and technology to achieve unmanned tank lorry filling (TLF) operations round the clock.

The public undertaking believes that the execution of the SMART terminal concept is revolutionary for the Indian oil and gas industry which has brought in transparency, efficiency and safety at the terminals.

The SMART terminal personifies the pioneering spirit of Indian Oil to tap into in-house resources to accomplish industry-first credentials. The entire software was developed in-house in its SAP’s S&D module with an objective to make these operations more efficient at reduced costs along-with intelligent data reporting. This development has ensured that data analytic aligns with business objectives.

The adoption of cutting edge technology has prompted Indian Oil to make operations of all of its POL storage locations automatic.

Comments

Other News

Report of India’s G20 Task Force on Digital Public Infrastructure released

The final ‘Report of India’s G20 Task Force on Digital Public Infrastructure’ by ‘India’s G20 Task Force on Digital Public Infrastructure for Economic Transformation, Financial Inclusion and Development’ was released in New Delhi on Monday. The Task Force was led by the

How the Great War of Mahabharata was actually a world war

Mahabharata: A World War By Gaurang Damani Sanganak Prakashan, 317 pages, Rs 300 Gaurang Damani, a Mumbai-based el

Budget expectations, from job creation to tax reforms…

With the return of the NDA to power in the recently concluded Lok Sabha elections, all eyes are now on finance minister Nirmala Sitharaman’s full budget for the FY 2024-25. The interim budget presented in February was a typical vote-on-accounts, allowing the outgoing government to manage expenses in

How to transform rural landscapes, design 5G intelligent villages

Futuristic technologies such as 5G are already here. While urban users are reaping their benefits, these technologies also have a potential to transform rural areas. How to unleash that potential is the question. That was the focus of a workshop – “Transforming Rural Landscape:

PM Modi visits Rosatom Pavilion at VDNKh in Moscow

Prime minister Narendra Modi, accompanied by president Vladimir Putin, visited the All Russian Exhibition Centre, VDNKh, in Moscow Tuesday. The two leaders toured the Rosatom Pavilion at VDNKh. The Rosatom pavilion, inaugurated in November 2023, is one of the largest exhibitions on the histo

Let us pledge to do what we can for environment: President

President Droupadi Murmu on Monday morning spent some time at the sea beach of the holy city of Puri, a day after participating in the annual Rath Yatra. Later she penned her thoughts about the experience of being in close commune with nature. In a message posted on X, she said: