The Indian Air Force (IAF) has unveiled a new initiative with the Indian Oil Corporation (IOC) under which its convoys will be to refuel at fuel stations of the state-run energy major. A 'Fleet Card - Fuel on Move' has been rolled out to facilitate the refuelling of convoys belonging to the IAF.
Under the existing system, the IAF procures fuel from various agencies and distributes it within the Air Force establishments. The IAF convoys have to go to Air Force stations for refuelling.
With the advent of the Fleet Cards, the IAF will be able to utilise the vast network of retail fuel distributors across the country to refuel its vehicles on the move.
IOC is the largest enterprise in the country and the foremost ranked Fortune Global 500 Company in India and has presence in the complete hydrocarbon value chain from downstream refining & marketing, pipeline transportation, Petrochemicals, E&P and Gas Marketing.
| Company Name | CMP |
|---|---|
| Reliance Industries | 1308.85 |
| Indian Oil Corpn. | 138.95 |
| Bharat PetroleumCorp | 309.70 |
| HPCL | 395.35 |
| MRPL | 162.45 |
| View more.. | |
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