Seeing the increasing use of CNG-powered vehicles, the Indian government introduced a renewable energy policy in 2018, which will provide business opportunities for many people. Under this, many companies offer the possibility of a CNG pump dealership. Let us tell you that vehicles running on CNG emit 80% less CO. Due to this the environment does not suffer much harm. For this reason, the demand for CNG-running vehicles has increased. Today in this article we will provide you with information about Indian Oil CNG Pump Dealership 2024 and tell you how you can apply online for an Indian Oil CNG Pump Dealership, Franchise by following a simple process.
Indian Oil CNG Pump Dealership Online Application Form
The central government is planning to install 10,000 CNG pump stations by 2030 to protect the environment. Many companies are providing CNG pump dealerships. One of which is Indian Oil. To set up an Indian Oil CNG pump station, you will have to fulfill certain conditions of the company. After that, you will have to apply online and get a dealership. So let us know what things you have to keep in mind for Indian Oil CNG Pump Dealership and also you will get complete information about its application and necessary documents etc.
Indian Oil CNG Pump Dealership 2024- Overview
| Company Name | Indian Oil Corporation Limited |
| Country | India |
| Founded | 30 June 1959 |
| Headquarters | New Delhi |
| Topic | CNG Pump Dealership |
| Profit Margin | Rs 5.02 per Kg |
| Beneficiaries | Citizens of India |
| Objective | To reduce pollution and increase business opportunities |
| Education qualification | 10th standard |
| State | Various |
| Customer service | 1800 233 3555 |
| Official Website | https://iocl.com/ |
Eligibility Criteria
- The applicant must be a resident of India. If the applicant is NRI (Non-Residential Indian) then he/she must have proof of presence in India for the last 180 days.
- The age of the applicant must be 21 years or more.
- The applicant must have complete documents (valid) and a map of the land.
- Minimum qualification required to apply (10th pass only)
Documentation Required
- Photo ID Proof
- Age Proof
- Address Proof
- Pan Card
- Authority Letter
- GSTN No.
- Bank Passbook
- Educational Qualification Proof
- Income proof (IT return/Balance sheet)
- In the case of a Limited company copy of the Memorandum & Article of association
Indian Oil CNG Pump Dealership Cost
| Land Cost | Rs. 60 Lakhs To Rs. 80 Lakhs |
| Pump Cost | Rs. 20 Lakhs To Rs. 25 Lakhs |
| Security Fee | Rs. 10 Lakhs To Rs. 15 Lakhs |
| Other Charges | Rs. 4 Lakhs To Rs. 6 Lakhs |
Profit Margin In CNG Pump Dealership
If we talk about CNG Pump profit margin, CNG Pump has more profit margin than petrol pumps and diesel pumps. You get Rs 5.02 per Kg Profit in the CNG Pump. Understand through the excerpt below.
| Price | Total | |
| CNG | Rs.46.60 per Kg | Rs.46.60 |
| Sell and distribution Gas costs Excise duty |
Rs.11.21 per Kg Rs.25.49 per Kg Rs. 4.88 per Kg |
Rs. 41.58 per Kg (subtract from price) |
| Profit Margin | 5.02 per Kg | |
| Note => If you sell 1 lakh kg CNG in a month then you will get a profit of Rs 502000. | ||
Land Requirement for Indian Oil CNG Dealership
- You must own the land you are offering to install an Indane Oil CNG Pump.
- If you have taken land on lease, it should be on lease for at least 15 years.
- And there should be no dispute of any kind on land.
- Moreover, the land should not have been notified for acquisition by any competent authority.
| For cities | 800 Sqm |
| For Highways | 1,200 Sqm to 1,600 Sqm |
| Note:- To start a CNG Pump, the land should be leveled and developed. There should be a good water facility and a good electricity facility on it. | |
Indian Oil CNG Pump Dealership Apply Online
- First of all, you have to go to the official website of Indane Oil CNG.
- Now on its home page, you will have to click on the Business Opportunity option or Dealership option.
- Now Indane Oil CNG Pump Dealership online application form will open in front of you.
- Fill in all the necessary information in this form correctly and attach the required documents.
- After this check the form once and finally click on the submission button.
- After this, you will get the option to pay the application fee. Where you can pay the required application fee through online mode.
- In this way, you can easily apply for a CNG pump dealership.
Indian Oil CNG Pump Dealership Contact Details
| Toll-FREE Number | 1800-2333-555 |
| State Office Contact | Click Here |