IOC commences digital drive for enhanced operations & management
OIL & GAS

IOC commences digital drive for enhanced operations & management

Indian Oil Corporation (IOC), the nation’s top refiner, has embarked on a major data-driven digitalisation drive to optimise its crude purchase, refinery operations and financial management, which has helped boost its efficiency as well as bottom line, said a senior executive.

“What we have begun doing is to use the immense data available to us to drive our decisions,” Manish Grover, Executive Director (strategic information systems), Indian Oil Corporation.

IOC generates a sea of data daily from its operations spanning refineries, pipelines, petrol pumps, aviation fuel stations, natural gas networks and petrochemicals.

“We operate refineries at ten locations as a group. We deal with as many as 400 types of neat crude at a time. Crude is imported at three ports and then transferred to various refineries, most of which are landlocked. In this complex exercise, we end up dealing with as many as 12,000 variants of crude mixes at a time," said Grover. “And then you have exigencies created by the war which requires you to take quick decisions for crude purchases at high sea and quicker unloading schedule for them.”

The objective is to improve yields and cut down on any interruptions, said Grover, adding that each day of refining interruption would mean a potential loss of Rs 2-3 billion in sales. The new digital architecture at the firm helps “predict what can go wrong and help us act to prevent that”, he said.

“We have created digital twins of the refinery units, which helps us optimise the operation, resulting in annual gains that run into millions of dollars,” said Grover.

In contrast to physical units, digital twins offer the flexibility to dynamically adjust input parameters, allowing for the generation of varying outputs.

One of the key initiatives is the heat exchanger fouling predictions system, which helps maintain exchangers provide optimum refinery output, said Grover. “It has helped plan shutdowns better, resulting in cascading benefits,” he said.

Also read: 
Low-grade imports raise India's coal emissions 
Coal Ministry pledges $2.6 billion for railway projects  


Indian Oil Corporation (IOC), the nation’s top refiner, has embarked on a major data-driven digitalisation drive to optimise its crude purchase, refinery operations and financial management, which has helped boost its efficiency as well as bottom line, said a senior executive. “What we have begun doing is to use the immense data available to us to drive our decisions,” Manish Grover, Executive Director (strategic information systems), Indian Oil Corporation. IOC generates a sea of data daily from its operations spanning refineries, pipelines, petrol pumps, aviation fuel stations, natural gas networks and petrochemicals. “We operate refineries at ten locations as a group. We deal with as many as 400 types of neat crude at a time. Crude is imported at three ports and then transferred to various refineries, most of which are landlocked. In this complex exercise, we end up dealing with as many as 12,000 variants of crude mixes at a time, said Grover. “And then you have exigencies created by the war which requires you to take quick decisions for crude purchases at high sea and quicker unloading schedule for them.” The objective is to improve yields and cut down on any interruptions, said Grover, adding that each day of refining interruption would mean a potential loss of Rs 2-3 billion in sales. The new digital architecture at the firm helps “predict what can go wrong and help us act to prevent that”, he said. “We have created digital twins of the refinery units, which helps us optimise the operation, resulting in annual gains that run into millions of dollars,” said Grover. In contrast to physical units, digital twins offer the flexibility to dynamically adjust input parameters, allowing for the generation of varying outputs. One of the key initiatives is the heat exchanger fouling predictions system, which helps maintain exchangers provide optimum refinery output, said Grover. “It has helped plan shutdowns better, resulting in cascading benefits,” he said. Also read:  Low-grade imports raise India's coal emissions Coal Ministry pledges $2.6 billion for railway projects  

Next Story
Infrastructure Urban

TBO Tek Q2 Profit Climbs 12%, Revenue Surges 26% YoY

TBO Tek Limited one of the world’s largest travel distribution platforms, reported a solid performance for Q2 FY26 with a 26 per cent year-on-year increase in revenue to Rs 5.68 billion, reflecting broad-based growth and improving profitability.The company recorded a Gross Transaction Value (GTV) of Rs 8,901 crore, up 12 per cent YoY, driven by strong performance across Europe, MEA, and APAC regions. Adjusted EBITDA before acquisition-related costs stood at Rs 1.04 billion, up 16 per cent YoY, translating into an 18.32 per cent margin compared to 16.56 per cent in Q1 FY26. Profit after tax r..

Next Story
Infrastructure Energy

Northern Graphite, Rain Carbon Secure R&D Grant for Greener Battery Materials

Northern Graphite Corporation and Rain Carbon Canada Inc, a subsidiary of Rain Carbon Inc, have jointly received up to C$860,000 (€530,000) in funding under the Canada–Germany Collaborative Industrial Research and Development Programme to develop sustainable battery anode materials.The two-year, C$2.2 million project aims to transform natural graphite processing by-products into high-performance, battery-grade anode material (BAM). Supported by the National Research Council of Canada Industrial Research Assistance Programme (NRC IRAP) and Germany’s Federal Ministry for Economic Affairs a..

Next Story
Infrastructure Urban

Antony Waste Q2 Revenue Jumps 16%; Subsidiary Wins Rs 3,200 Cr WtE Projects

Antony Waste Handling Cell Limited (AWHCL), a leading player in India’s municipal solid waste management sector, announced a 16 per cent year-on-year increase in total operating revenue to Rs 2.33 billion for Q2 FY26. The growth was driven by higher waste volumes, escalated contracts, and strong operational execution.EBITDA rose 18 per cent to Rs 570 million, with margins steady at 21.6 per cent, while profit after tax stood at Rs 173 million, up 13 per cent YoY. Revenue from Municipal Solid Waste Collection and Transportation (MSW C&T) reached Rs 1.605 billion, and MSW Processing re..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement