Oil PSUs to Add 4,450 Retail Outlets Across Gujarat – CORPORATE ETHOS

Oil PSUs to Add 4,450 Retail Outlets Across Gujarat

By: | November 27, 2018

Nov 27: Public sector oil companies Indian Oil, Bharat Petroleum and Hindustan Petroleum is set to add 4,450 retail outlets throughout Gujarat. This move is in order to meet the rising fuel needs and expand its networks.

It has been revealed that three of the oil companies have begun with the selection of the eligible dealers for these outlets from a single online platform on November 25. In the year 2014, a similar exercise was carried out.

S S Lamba, Executive Director, Indian Oil (Gujarat), has been quoted by news reports as saying that, after a four-year break, the three PSU companies have come together again to issue a joint advertisement for the dealership. He went on to say that in order to meet the growing fuel needs and for customer convenience, what is important is the expansion of the petrol pump network.

As many as 4,450 retail outlets will be added by the companies in Gujarat. According to Lamba, this will consist of 2,350 of IOC, 998 of BPCL and 1,102 of HP. The companies have around 4000 petrol pumps in Gujarat currently. He also added that the companies are in plans to expand their network in rural and remote regions as the number of highways and the distance from urban centers are increasing.

Many norms have been eased to allow more people to participate in the process, Lamba said, adding that unlike last time, when the minimum qualification required was having passed Class XII, this time those having cleared Class X could also apply.

To allow more participation, the norms are eased when compared to that of the last years. This year those who have passed out of Class X can also apply, while last year those passed out of Class XII were only qualified.

Those candidates who are selected based on the online forms will have to submit documents for further consideration. To make the process more transparent, the companies have also decided to hold a computerized draw of lots and bid opening under an independent agency, for the first time.