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IOC launches 450-kg jumbo LPG cylinder 'Mini Bulk' in Coimbatore

The "Mini-Bulk" is available in minimum footprint size with a flow rate of up to 2,000 kg/hour

Press Trust of India  |  Coimbatore 

Indian Oil Corporation, IOCL, IOC
Indian Oil Corporation logo outside a fuel station in New Delhi. Photo: Reuters

Indian Corporation on Monday launched 450-kg Jumbo in the

Jumbo called the "Mini-Bulk" is available in minimum footprint size with a flow rate of up to 2,000 kg/hour and does not require to use.

Talking to reporters on the sidelines of the launch, Indian Executive Director of and Puducherry, R Sitharthan said Coimbatore, being a very industrialised city, was the best place to introduce the product in

"With this launch we expect to meet the need of where space is a constraint and constant changeover is not possible." he said.

Despite its size, "Jumbo" is easy to handle and can be installed quickly, as ease of operation was one of the primary things that were kept in mind when it was conceptualized, apart from meeting the high flow rate requirement, he said.

Being the most profitable PSU in and ranked 161st in 500 Global List, with a of 54.7 billion Dollars, is handling 11 out of 23 refineries in and 12,848 kms of pipelines across the country, he said.

Launched in 1970, is delivered to the doorsteps of over 9.8 crore and sales crossed 10 million metric tonnes (MMT) after registering 10 per cent year-on-year growth during 2016-17, he said.

Indane is now available in compact 5 kg cylinders for rural, hilly and inaccessible areas, 14.2 kg cylinders for domestic use, and 19 kg and 47.5 kg and 450 kg for commercial and industrial use, Sitharthan said.

With 91 bottling plants in upcountry locations with state-of-the-art safety features, two million cylinders are rolled out a day, making the company the second largest marketer of hlobally, after SHV Gas of the Netherlands, he said.

The company has released an all-tie high 1.5 crore connections (+ non-PMUY) during 2016-17 against 1.03 crore during the last financial year, he said.

Sitharthan said that as of today, a total of 44,43,637 customers had joined the "give it up" campaign resulting into savings of Rs. 1,759.68 crores.

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

First Published: Mon, July 03 2017. 18:33 IST