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Indian Oil Corporation (IOC) is setting up a terminal at Chittooor in Andhra Pradesh at an estimated cost of Rs 120 crore and also a bottling plant at Nellore, according to the Executive Director (AP), Mr N. Srikumar.
He was addressing customers at a function at a petrol bunk here on Friday after distributing prizes to winners of a mega draw organised as a part of a sales promotion campaign.
He said IOC was the largest retailer in the State.
The company was opening 85 more petrol stations in the State and the Guntakal depot would be shifted to a new site and expanded.
Bottling plant
Mr. Srikumar said the company was thinking of setting up another bottling plant in the State in addition to the one existing at Parawada near Visakhapatnam and the one proposed at Nellore.
However, the proposal had not been finalised yet.
He said the IOC was opening Extra Care petrol outlets to offer the best of services to the customers. Kisan seva kendras were being opened in the rural areas and vehicle tracking system would be introduced to prevent pilferage of petrol and diesel in transit.
He said the company wanted to build long-term relationship with the customers. Mr. M. Srinivas, the Deputy General Manager, and Mr. Suresh, the divisional head, also spoke.
Mr Srikumar handed over the keys of Hero Honda Splendour motorcycles to the three winners: Mr G. Durgaprasad, Mr Ch. Eshita and Mr F. Bharanidhar Singh.
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