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.

petrol, oil, OMC, ONGC, BPCL, HPCL, Indian Oil

Premium

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 | 06:05 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 turning FuelEnts.

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