IndianOil Invites Entrepreneurs to set up 27,000 Petrol Stations PSU NEWS

IndianOil Invites Entrepreneurs to set up 27000 Petrol Stations

 

Mumbai: The country’s largest downstream oil major has issued an advertisement for setting up about 27,000 petrol pumps pan India. Interested entrepreneurs may see the detail advertisement and brochure available in website, www.petrolpumpdealerchayan.in. For locations wise details up to district level, interested entrepreneurs may also visit IndianOil website www.iocl.com and get state, city and district wise details advertised by the company.
 
Indian Oil Corporation has a long history of meeting the country’s petroleum demand and is the face of downstream oil in the country. India is a third-largest oil consuming nation in the world and in the future, it is set to experience one of the fastest growth rates in oil demand. Rising per capita income and growing demand for road freight will be one of the key drivers over the next 15-20 years. 
 
The energy thus will be a critical component of the India growth story. Being the flagship energy company of India, this puts IndianOil in a position which is plush with growth opportunities. Against this backdrop entrepreneur collaborating with IndianOil by applying for IndianOil retail outlet dealership advertisement will become our esteemed partners in servicing the energy needs of the growing Indian economy. 
 
Entrepreneurs will notice that this time process of dealer selection has been simplified in line the government’s emphasis on ‘ease of doing business’. A User-friendly online application has been introduced and the application form has also been simplified, where only selected candidates would be asked to produce the required documents. 
 
Similarly, the eligibility norms have also been relaxed, Availability of suitable land at the advertised location or stretch is the most important requirement, but applicants without land can also apply, however they are expected to offer land when called for. Even in regard to finance criterion, candidates are expected to give only commitment towards the development of Retail Outlet and working capital.  The upper limit of age has been revised to 60 years and educational qualification has been maintained as passed minimum 10th (Examination conducted by a Board School) for all categories except Freedom Fighter.   
IndianOil has opened the Facilitation centres at select COCO / Petrol Stations with an objective to help aspiring applicant.  In addition, Help centres are available at IndianOil’s Divisional Offices in every major town in the country, where company officials will be available on all working days to handhold applicants. 
 
The further public is advised to visit ONLY official websites for authentic and official information. IndianOil has not appointed any agency/person on their behalf for selection/appointment of RO dealers across the country, nor they have authorized any agency/person to solicit any money whatsoever from any candidate at any stage of the selection process.
 
Expansion of retail outlet network (Petrol Pump) being undertaken by IndianOil primarily to meet the growing fuel needs and convenience of customers in emerging markets like upcoming highways, agriculture pockets and industrial hubs. 
 
The retail outlet network in rural, remote and far-flung areas are also being expanded with the intention of reaching petroleum products, ensuring quality and correct price to meet the rural agricultural demand and people living in remote areas.


Posted Date :  08-12-18

Categories : PSU NEWS

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