Essar Oil (EOL) today said it has signed an agreement with Indraprastha Gas (IGL) to set up CNG dispensing facilities at the former's petrol pumps in the national capital region.
The agreement provides for EOL using IGL's CNG pumping facilities at the outlets, the company said in a press statement here.
"EOL has been aggressively adding multi-fuel options for its customers and has tie-ups with GSPC (Gujarat State Petroleum Corp), MGL (Mahanagar Gas Ltd), GAIL Gas, Sabarmati Gas, Adani Gas and Gujarat Gas Corp for selling CNG sourced from these companies at its franchisee-owned and franchise-operated outlets," it said.
For Auto LPG, EOL has a similar tie-up with and Aegis Logistics. The company has CNG facilities at 12 of its retail outlets in Gujarat and plans to add another 30 such facilities across its network.
EOL is also increasing non-fuel retailing activities at its retail outlets to provide an additional source of revenue for its franchisees. EOL has forged alliances with non-fuel retailers in segments, like lubricants, food & beverages, agro products, telecom and banking & finance.
EOL CEO-Marketing S Thangapandian said: "We are India's only private sector oil retailer and have more than 1,400 operational outlets in our countrywide network."
"With this agreement with IGL, which is among the country's largest CNG retailers, customers driving into our petrol stations in the NCR can now look forward to multi-fuel options," he added.