New JV company to set up and operate integrated fuelling facility at Mumbai airportAt present, the combined monthly average sale of aviation fuel at both the domestic and international airports is about 119 thousand kilolitres (tkl), through about 350 refuellings per day.
By: Puneet Gupta An MoU to this effect was signed here today by Mr. R Sareen, Executive Director (Aviation), IndianOil; Mr. Shyamal Bhattacharya, General Manager (Aviation), BPC; Mr. R Radhakrishnan, General Manager (Aviation), HPC; and Mr. Rajeev Kumar Jain, President, MIAL. The new JVC, with equal stake of 25% each from the four partners, will pave the way for the migration of the current system of individual company-operated aviation- Currently, the entire gamut of aviation-fuelling services – from receipt and storage of fuel to into-plane fuelling through company-owned refuellers and a common hydrant (subterranean fuel line network) system – are being handled by the three PSUs independently, based on the needs of their respective aviation customers. These individual operations would now be replaced by an integrated fuelling facility, to be set up, maintained and operated by the JVC, which will also handle the into-plane fuelling. At present, the combined monthly average sale of aviation fuel at both the domestic and international airports is about 119 thousand kilolitres (tkl), through about 350 refuellings per day. The infrastructure of the JVC, including the-tank farm and related facilities, would be housed in the existing premises of the oil PSUs, which shall transfer their assets in these facilities to the JVC. For More Details: http://www.iocl.com/ # # # IndianOil Corporation Ltd is India's largest commercial enterprise. The IndianOil Group of companies owns and operates 10 of India's 20 refineries. For More Details: http://www.iocl.com/ End
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