IOC To Invest Rs 160cr On Automating Bunks

Bangalore: The Indian Oil Corporation (IOC) mulls to automate 1,000 fuel stations in 2007-08 at a cost of Rs 160 crore to monitor fuel dispensation and to prevent adulteration. During the first phase, 1,000 bunks will be automated. It intends to automate another 1,000 fuel stations in the second phase. Select fuel stations, out of the 16,000 fuel stations, operated by IOC and IBP will be automated. Automation will also enable IOC monitor the fuel stock at each fuel station and in turn assist it in creating indents for fresh orders.