NEW DELHI: State oil companies have paused the process to appoint dealers for about 50,000 petrol pumps following the release of election schedule to avoid any potential political landmine ahead of polls, people familiar with the matter said.
Indian Oil, Bharat PetroleumNSE -1.15 % and Hindustan PetroleumNSE -0.36 % have been seeking to appoint petrol pump dealers at about 78,500 locations across the country. The advertisements went out in November and applications have already been received. In all, 95% of locations received interest with 39% getting single application and 56% multiple.
