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HPCL to invest Rs 64 cr to upgrade petrol bunks

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T E Narasimhan Chennai
Last Updated : Jan 29 2013 | 2:54 AM IST

Hindustan Petroleum Corporation Limited (HPCL) is planning to upgrade 250 fuel stations in Tamil Nadu, Puducherry and Kerala to e-fuel stations with an investment of Rs 62 crore, said R Radhakrishnan, general manager – south zone, HPCL.

The e-fuel stations will have advanced features such as system-generated bill receipts, real time display of fuel density and card swipe facility on dispensers. It will also allow the company to monitor the stock position centrally and would enable it to refill the stock automatically.

These bunks account for 40 per cent of the overall volume and 50 per cent in terms of revenue in the region. The total investment would be Rs 25 lakh per fuel station, said Radhakrishnan. He was speaking to Business Standard on the sidelines of a Confederation of Indian Industry's conference on Trends in Automotive Services – Profitability through Safety and Maintenance.

The company currently has 1,250 fuel outlets in these states of which 76 are already automated. By the end of March 2009, it plans to upgrade another 183 outlets.

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First Published: Nov 10 2008 | 12:00 AM IST

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