IOC claims over 50% retail outlets ready to dispense BS VI-compliant fuel
According to IOCL, the remaining 12,000 retail outlets to be BS VI-ready by early to mid-March.
As the April 1, 2020 deadline for transition to BS VI emission norms nears, here is some good news for automobile users. The country’s largest fuel retailer, Indian Oil Corporation (IOCL) claims that more than 15,000 fuel retail centres out of the total 27,000 in the country are ready to dispense BS VI fuel at nozzle level. That works out to 55 percent of the fuel stations; the remaining ones are expected to be ready by early to mid-March.
Speaking at Global Electrification Mobility Summit, on the sidelines of Auto Expo 2020 in New Delhi, Dr SSV Ramakumar, Director (R&D) and board member, Indian Oil Corporation said that 10 out of the total 11 refineries operated by IOCL are now ready to provide BS VI-grade fuel. Interestingly, the country's oldest refinery and also one of oldest operating refinery in the world at Digboi was the first to get BS VI-ready.
Indian Oil accounts for nearly half of India's petroleum products market share, with sales of about 90 million tonnes in 2018-19. The company has more than 27,700 fuel stations (petrol pumps) across the length and breadth of the country.
RELATED ARTICLES
JSW MG Motor India confident of selling 1,000 M9 electric MPVs in first year
The 5.2-metre-long, seven-seater luxury electric MPV, which will be locally assembled at the Halol plant in Gujarat, wil...
Modern Automotives targets 25% CAGR in forged components by FY2031, diversifies into e-3Ws
The Tier-1 component supplier of forged components such as connecting rods, crankshafts, tie-rods, and fork bridges to l...
VinFast’s second plant in Vietnam goes on stream ahead of India factory
Vietnamese EV maker’s second plant in its home market, which has a 200,000 EVs-per-annum capacity, will focus on produci...