Measure out on the tiles where the hot and cold water supplies will be placed and attach a piece of masking tape to this area. Find the center of where each hole will be drilled and make a mark with a pencil on the tape.
Attach the hole saw with the guiding bit to the drill. Dip the end of the guiding bit into the cooling oil. Porcelain is extremely dense and the drill may become too hot as it bores through. The cooling oil will help prevent overheating.
Line up the guiding bit with the pencil mark on the tile and twist the drill back and forth slightly to help it make purchase. Turn the drill on slowly and let the guiding bit sink into the porcelain. Once the guiding bit is through, the hole saw will make contact. Increase the speed of the drill until the hole saw goes straight through the tile. If at any time, the drill turns red or smoke emerges, stop and pour cooling oil onto the hole.