Essar Oil Ltd (EOL), which has been granted licence for marketing petroleum products, is seeking tie-ups with bulk consumers in the country.
As the work on its 10.5 million annual capacity oil refinery at Vadinar in Jamnagar district of Gujarat has restarted, EOL has already appointed 150 franchisees for retailing its petroleum products.
The company has already resumed the final stage of construction work on its refinery in Vadinar which is expected to be commissioned by 2005.
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In the next few months, the company will put emphasis on sales of diesel in bulk.