India’s new liberalised petrol pump norms require licensees to set up a minimum of 100 outlets with at least
5 per cent of them in remote areas. According to a Gazette notification detailing the norms for setting up petrol pumps, the licensee would also be required to “install facilities for marketing at least one new generation alternate fuels like compressed natural gas (CNG), biofuels, liquefied natural gas, electric vehicle charging points etc at their proposed retail outlets within three years of operationalisation of the said outlet.”
The government had last month relaxed norms for setting up petrol pumps, allowing non-oil companies to market fuel in the world’s fastest growing market.
