Oil marketing companies invite start-ups to deliver diesel at doorstep

Oil marketing companies invite start-ups to deliver diesel at doorstep

In what might be the Uber-Ola moment for fuel retail in India, oil marketing companies (OMCs) are planning to rope in start-ups or FuelEnts (fuel entrepreneurs) for doorstep delivery of high-speed diesel (HSD) through mobile petrol pumps. This move is expected to help garner around Rs 9,000 crore of investments, according to industry experts.

The OMCs — Indian Oil, Bharat Petroleum Corporation, and Hindustan Petroleum Corporation — have invited expressions of interest (EoIs) from start-ups that wish to be enrolled as FuelEnts.

Read the full article here – https://www.business-standard.com/article/companies/oil-marketing-companies-invite-start-ups-to-deliver-diesel-at-doorstep-120072101951_1.html

0

Related Posts

Leave a comment