Category Archives: Press Releases
Lanka IOC Plc Donates Bags to School ChildrenDecember 11, 2018 1:01 pm
Lanka IOC Plc Trincomalee Oil Terminal handed over 100 nos School Bags to children of families below the poverty line under the Trincomalee District Samurdhi Programme. This event was organized by the District Secretariat, Trincomalee and was done in the presence of Mr N A A Pushpakumara, Government Agent and District Secretary, Trincomalee. 300 nos of participants attended the programme.
Trincomalee District Samurdhi Children programme conducts various competitions annually for children in Essay Writing, Drawings, Debates, Poem writing and other cultural events in Sinhala and Tamil.
Mr Benoj Paul, VP (Ops & LBP) and Mr T Chiranjeevi, VP (Ops) handed over bags to the winners of the cultural events in the presence of Mr N A A Pushpakumara, Government Agent (GA). The GA and his team appreciated LIOC for extending the support for various welfare events.
LIOC joins forces with DIMO & TataOctober 20, 2017 4:17 pm
Colombo. Thuirsday 20th October 2017. Three giants – Lanka IOC (LIOC), Diesel & Motor Engineering PLC (DIMO) and Tata Motors India are proud to announce the launch of Tata motors Genuine Oil. The said oil is the highest performance new generation oil (CI4 Plus 15w40 along with other attributes) for Tata vehicles blended with high quality base oils and selective additives & most suitable oil for our valued customers at the competitive price.
Lanka IOC, a subsidiary of Indian Oil started its operation in 2002 in Sri Lanka. Lanka IOC markets Auto Fuel, Bunker fuel, Bitumen, Servo brand Lubricants and Petrochemicals. Lanka IOC is the largest listed energy company, ranked amongst the top 30 best companies by the Business Today group and always ranked top ten companies by LMD in Sri Lanka. Lanka IOC commissioned state of art Lube blending plant at Trincomalle in 2007. The blending plant became the first lubricant plant in Sri Lanka to obtain the prestigious ISO 9001-2015 from the SLSI which is expected to further enhance market acceptance of the wide range of products. Lanka IOC with 202 Modern Petrol Shed, 24 lube distributors and over 235 Servo Lube Shop, its lubricants have reached every nook and corner of the Island and achieved more than 20% market share within short span of time.
Diesel & Motor Engineering PLC (DIMO) is a public limited company which has a history of over 78 years in Sri Lanka. DIMO operates in business segments such as vehicle sales, vehicle after-sales services, construction and material handling equipment, marketing and distribution and electro-mechanical, bio-medical and marine engineering. DIMO represents over 80 world renowned brands such as Mercedes-Benz, TATA, Bosch, Komatsu, Siemens, Jeep, Bomag, Michelin, Osram, WD-40, Zeiss etc.
Founded by Jamsetji Tata in 1868, sustainability, the spirit of ‘giving back to society’; a core philosophy and good corporate citizenship are strongly embedded in the Tata Group’s DNA. Tata Motors is India’s largest automobile company and brings to the customer a proven legacy of thought leadership with respect to customer-centricity and technology. Tata Motors, India ventured into the international market starting with Sri Lanka by partnering with DIMO in 1961.
Managing Director of Lanka IOC PLC Shyam Bohra expressed his gratitude for participation in this historical moment of genuine oil launching and association with Tata Motors and DIMO. He also emphasised with TATA Motors, largest marketer in commercial vehicle; wide spread DIMO Service network & robust supply and distribution chain of Lanka IOC at high performance and cost effective pricing for Tata Motors Genuine Oil in new global container will benefit all our stake holders Dealer, Distributors and customers in every nook and corner of Sri Lanka. This launching will benefit all the three partners by creating competitive advantage and value creation for stakeholders.
“Tata is the No 1 Commercial Vehicle brand in Sri Lanka. We take great care to ensure that our Tata Commercial Vehicle customers enjoy the best after-sales care to promote the longevity of their vehicles. With our wide reach network we are in the best position to ensure that the entire island has all access to this superior quality product”, added Ranjith Pandithage, Chairman & Managing Director DIMO.
Commenting on the partnership, Ganesh Shetty Head, Head – Customer Care – Commercial Vehicle International Business – Tata Motors Limitedwent on to say, “We are delighted, the Tata clientele in Sri Lanka will be able to enjoy this superior product and reap the benefits it offers. It portrays our commitment to delivering better performance, distinct and indeed a differentiated value proposition to the Sri Lankan market.”
The collaboration of these three industrial giants ensures a superior quality product at most competitive price for their clientele. With the trust and reliability DIMO, Tata Motors and LIOC have gained over the past decades in the national and international markets, Tata Genuine Engine Oil customers are guaranteed of durable and efficient results for their vehicles.
This is a genuine engine oil specially designed for Tata Diesel Engines with IOC Technology and backed by DIMO trust and recommendation offers its users an increased mileage, higher engine lifetime, longer drain intervals, significantly reduced wear & tear at the point of ignition, effective cam/tappet and valve train wear protection with improved control of oil reduction and better emission control. It also gives an excellent all weather performance due to enhanced cold weather properties.
The new Tata Motors Genuine Oil will be available at DIMO’s island wide network which includes Tata Workshops, Service Dealer Network, Tata parts counters and the Tata parts dealer network. It will also be available in IOC’s fuel stations, Service stations, Lube shops and retail network covering over 1,500 points of sale in total initially.
Notice for Appointment of Retail Outlet Dealers (Petrol Shed)December 17, 2016 3:58 pm
Lanka IOC PLC has created a new Petrol Shed experience in Sri Lanka for the esteemed customers through services that add value to the offerings at the Petrol Sheds developed by the company over a period of time. Lanka IOC is committed to serve for the Petroleum needs of the nation by providing fuels of international standards through Petrol sheds in Sri Lanka. In our endeavor to expand the Retail network throughout the island, we are looking for dynamic entrepreneurs who possess suitable land for setting up Petrol Sheds and are willing to partner with Lanka IOC in providing the best fuel and services to the customers. For more information see our advertisements below:
Please note that the last date for applications is 18th January 2017.
Lanka IOC Organises a Free Health Screening Camp in coordination with “Helpage Sri Lanka” in WeligamaNovember 30, 2016 10:36 am
Lanka IOC a prominent figure among Sri Lanka oil companies slashes prices of own fuel varietiesAugust 10, 2016 11:23 am
A prominent figure among Sri Lanka oil companies and Sri Lanka’s only private oil company that operates fuel retail outlets and a key figure among Sri Lanka oil companies, Lanka IOC PLC said it was reducing the prices of two of its own fuel brands from midnight, yesterday.
Accordingly, the price of a litre of Xtra Premium Euro 3 (petrol) and Xtra Mile (diesel) was reduced by Rs.2 each.
The revised prices of Xtra Premium Euro 3 (petrol) and Xtra Mile (diesel) will be Rs.121 and Rs.97 per litre, respectively.
Sri Lanka has fixed prices for diesel and petrol but special varieties don’t come under them. The government is yet to introduce a transparent cost-reflective pricing mechanism for the fuel retailing sector.
Taken from Daily Mirror
Lanka IOC invests in the future of Sri Lanka CricketMay 3, 2016 12:38 pm
Lanka IOC a key figure in Sri Lanka oil companies, announced its partnership with Sri Lanka Cricket as their Official Lubricant Partner & Sri Lanka ‘A’ Team Sponsor. The official sponsorship cheque was presented by the Managing Director of Lanka IOC PLC, Mr Shyam Bohra to the President of Sri Lanka Cricket Hon. Thilanga Sumathipala in the presence of Tresurer, Shammi Silva, Sri Lanka national Captain Angelo Mathews, Vice-captain Dinesh Chandimal and all the other distinguished guests.
Lanka IOC Donates an Ambulance to Medirigiriya Base Hospital PolonnaruwaApril 25, 2016 5:12 pm
We are proud to announce that our Company, under its CSR theme “WE CARE” donated the 3rd Ambulance to the Medirigiriya Base Hospital in the Polonnaruwa District last week.
It was formally handed over by His Excellency President Maithripala Sirisena and Mr. Shyam Bohra MD Lanka IOC to Dr Pramitha Ratnayake Provincial Director of Health Services, Medirigiriya, at the Presidential Secretariat Colombo on Friday, 22nd of April.2016.
Lanka IOC in association with Faiszer Musthapha Foundation successfully concludes the “English for Young Learners” projectApril 1, 2016 9:54 pm
Mr. Shyam Bohra (MD, Lanka IOC) warmly welcomes Mr. Chandima Weerakkody Honorable Minister for Petroleum Resources Development and Mr. Faiszer Musthapha Honorable Minister of Local Government and Provincial Councils to the Lanka IOC “English for Young Learners” certificate awarding ceremony.
Mr. Chandima Weerakkody Honorable Minister for Petroleum Resources Development and Mr. Faiszer Musthapha Honorable Minister of Local Government and Provincial Councils in presence of Mr. Shyam Bohra MD Lanka IOC and other Lanka IOC officials participated in the concluding ceremony of the highly successful “English for Young Learners” project. This project was held in collaboration with Faizer Muszthapha Foundation and Cosmopolitan Learning Academy at the Tower hall Theatre Maradana recently. The program was a huge Success.
Lanka IOC initiated English classes for underprivileged children in collaboration with selected school authorities, the Cosmopolitan Learning Academy and the Faizer Muszthapha Foundation, a non-profit organisation formed by Honorable Minister Faiszer Musthapha. The Foundation’s involvement is in identifying suitable schools, while the schools Principals identify suitable children and ensures that children maintain a 100% attendance rate at the classes. The Cosmopolitan Learning Academy provides specially trained English teachers to conduct the classes. Lanka IOC funds the teachers and provides all learning materials for the children including text books, stationary and school bags. During the current financial year about 1,500 children between the ages of 6 to 15 years from underprivileged localities in the Colombo District attended the 6 to 8 month English training program which was concluded with a huge Success.
The Company acknowledging its responsibility towards the society and has in addition conducted several Corporate Social Responsibility (CSR) initiatives under its theme ‘WE CARE’ In addition to a series of welfare programs including assistance for elders’ homes, renovation of healthcare centre, donation of ambulances, wheelchairs, and free health camps at diverse locations in Sri Lanka.
Lanka IOC believes that education can alleviate poverty. English education is rapidly becoming important for employment and higher education in Sri Lanka. However, English teaching facilities, particularly in public schools located in underserved communities, are limited. Therefore, children from such communities face a disadvantage in accessing English education.
Mr. Shyam Bohra (MD, Lanka IOC), addressing the gathering during the Award Ceremony.
“MD Lanka IOC; Mr. Shyam Bohra in his statement conveyed that “We believe that the children here today are the leaders of tomorrow and as a good corporate citizen, it is our responsibility to do our best to produce good, educated citizens so as to enhance the development of the country. English is spoken widely in the world and the best way to empower these children is to teach them the skills of the English language in a methodical manner. The happiness we have got from these projects can never be measured in monetary terms. Our reward is the deep seated satisfaction we get by seeing these children excel in competitions, present themselves and perform with great confidence and ease, all in the English language.”
Lanka IOC Organises a Free Health Screening Camp for Residents of Ahangama – Galle DistrictMarch 30, 2016 3:57 pm
Mr. Chandima Weerakkody Honorable Minister for Petroleum Resources Development,
Venerable Clergy in presence of Mr. D. Srivastava(Senior Vice President Lanka IOC)
and other Lanka IOC officials at the inauguration of the Health screening camp
organised by Lanka IOC PLC.
Lanka IOC PLC, acknowledging its responsibility towards the society conducted several Corporate Social Responsibility (CSR) initiatives under its theme ‘WE CARE’ with several noble programs. In addition to a series of welfare programs including assistance for elders’ homes, renovation of healthcare centre, donation of ambulances, wheelchairs and English education for underprivileged children, Lanka IOC also organised free health camps at different locations all over the Country.
In the recent past, Lanka IOC organised health camps at Katugasthota, Ratnapura, Negombo, Dematagoda, Badulla, Vavuniya, Akurana and has now organised yet another “Free Health Screening Camp” in association with Minister Chandima Weerakkody at the Eliketiya Bimbaramaya Temple in Ahangama – Galle District. The programme began with a religious ceremony with a vow to ensure many more health screening and treatment camps for the entire Sri Lankan community and this was inaugurated by Minister Chandima Weerakkody who is the Minister for Petroleum Resources Development.
Minister Chandima Weerakkody commended Lanka IOC for the initiatives taken through the ‘WE CARE’ projects facilitated by the Company and urged that many more CSR programs needs to be conducted for the community of Sri Lanka. This initiative received a remarkable response and appreciation from all those who patronized the ‘Free Health Screening Camp’. A total of 675 people were screened at the event, in which 477 opted for an eye check-up and 198 underwent general health check-up. Amongst those who availed themselves for the check-up, 424 were recommended for bifocal spectacles whilst 11 were recommended for cataract surgeries – all treatments are provided free of charge by Lanka IOC. In the last one year more than 4200 people have undergone such health check-ups in various camps organised by Lanka IOC.
Some of the participants at the Lanka IOC Free Health Screening Camp held on the 27th
of March 2016.
This medical camp solicited the experience of a team of 14 medical experts from “HelpAge Sri Lanka” including 02 doctors, a nurse, a pharmacist, 02 optometrists and support staff to provide a professional service to the patients. For ensuring proper diagnosis, sophisticated medical equipments were used to screen patients for diabetes, blood pressure, vision and other diseases. Wherever critical illness was diagnosed, the patients were referred to hospitals for further investigation and treatment.
MD Lanka IOC; Mr. Shyam Bohra conveyed that at Lanka IOC we believe public health is an aspect of national wealth through the creation of productive populations who have the mental and physical capacities to contribute to national development goals. Therefore, the Company supports many public health projects every year across the island, targeting underprivileged communities regardless of demographic difference.
More free medical camps are to be scheduled by Lanka IOC during the next financial Year.
Annual Heath Checkup conducted for Lanka IOC EmployeesMarch 23, 2016 3:58 pm
At Lanka IOC, employees are vital stakeholders and a key strategic resource for long term sustenance of the company. Therefore, the aspect of employee welfare is given very high importance by the company. This has greatly enhanced company’s productivity and today Lanka IOC PLC is the 4th largest listed Company in Sri Lanka.
As an initiative taken by Mr. Shyam Bohra, MD Lanka IOC, a health checkup camp was organized for all employees recently with the help of a full fledged medical team from Nawaloka Hospitals PLC, a premier hospital in Sri Lanka wherein pathological tests and eye checkup was done for all employees.
Addressing the event, MD LIOC highlighted the need for all employees to stay healthy so that they can work whole heartedly and make maximum contribution in office as well as home and maintain a proper work-life balance.