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

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.

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The major players already running home delivery of diesel include FuelBuddy, Repos Energy, Pepfuels, MyPetrolPump, and Humsafar.

Shine Jacob New Delhi

2 min read Last Updated : Jul 22 2020 | 6:05 AM IST

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. The firms that were already in the sector as partners of OMCs will now become official resellers after

Topics : oil marketing companies Startups doorstep delivery Hindustan Petroleum Corporation Bharat Petroleum Corporation Indian Oil

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