OMCs invite startups to provide door-to-door diesel delivery: Report

Door-to-door diesel delivery is expected to expand substantially, after oil-marketing companies (OMCs) Indian Oil Corporation, Bharat Petroleum Corporation Ltd, and Hindustan Petroleum Corporation Ltd, welcomed applications from start-ups that could provide the service, according to Business Standard.

A call for Expression of Interest (EOIs) has been welcomed from start-ups recognised by the Department for Promotion of Industry and Internal Trade (DPIIT).

“These FuelEnts (fuel entrepreneurs) are expected to garner investments worth Rs 9,000 crores,” Chetan Walunj, CEO and co-founder of Repos Energy told to India Today, Walunj was backed by former chairman of Tata Sons, Ratan Tata, according to reports.