Indian Oil JV eyes Mumbai, Delhi airports for fuel deals

Bangalore: IndianOil Skytanking (IOSL), a consortium of Indian Oil Corporation, Indian Oiltanking and Germany’s Skytanking, is eyeing Delhi, Mumbai airport modernisation projects for expansion of aviation fuel storage systems.
The company, which has successfully commissioned the ‘open access’ fuel storage system for the first time in the country at Bangalore International Airport, has submitted its expression of interest (EoI) for the projects. Currently, IOC, HPCL and BPCL are providing fuel storage services at Mumbai and Delhi airports.
According to R Ravi Kumar, CEO, IOSL, the company is the first fuel farm operator in the country to carry out single-man refuelling at any airport.
“For the first time in India, we have proved that single-man refuelling can be done. We have showed that at Bangalore International airport. We are now looking at all the 15 locations, where Airports Authority of India (AAI) is planning to develop airports, to expand our business,” he said.
IOSL has set up its fuel farm project spread over 11 acres at a cost of Rs 105 crore at Bangalore International Airport. It has set up three oil tanks with a combined capacity of 10,000 kilo litres in the first phase. The fuel farm is a common fuel storage shared by all the oil companies.
At present, state-owned oil companies such as Bharat Petroleum Corporation, Hindustan Petroleum Corporation and Indian Oil Corporation are using the fuel storage and IOSL is refuelling on their behalf.
19/08/08 Mahesh Kulkarni/Business Standard

To Read the News in full at Source, Click the Headline

Categories: Airports Aug 2008