Posted by Mumbai: India’s largest integrated energy major IndianOil has selected the industrial software AVEVA’s supply chain solution.
Under the digitalization project i-DRIVE, IndianOil aims to transform its scheduling work process across nine refineries and one petrochemical complex in India. This will help the company to implement Refinery Production Scheduler.
AVEVA Unified Supply Chain will enable Indian Oil Corporation Ltd (IOCL) to digitalize its refinery and naphtha cracker scheduling workflows. It will help to optimize blend scheduling to meet daily product dispatch plans and provide full visibility across its operations.
“Streamlining crude feedstocks with plant scheduling is a particular challenge for our industry, intensified by operational challenges brought on by the pandemic,” said S.M. Vaidya, Chairman – IOCL.
“By implementing AVEVA technology, we shall be able to enhance efficiency by using a digital system-driven scheduling approach for consistent and value-focused operations. Most importantly, the new relationship will allow our energy professionals to focus on the business through enhanced decision support,” added Vaidya.
“AVEVA enables oil and gas customers to improve plant performance and energy efficiency while shrinking operating costs,” said Peter Herweck, CEO – AVEVA
“Built on the transformative cloud, industrial IoT and artificial intelligence technologies, our solutions enable teams to visualize the entire value chain in real-time, improving collaboration and enabling more precise and agile decisions that drive value throughout the supply chain,” added Herweck.
“We look forward to our association with an energy giant like IOCL and be an integral part of their transformational journey,” concluded Herweck.