What is the new petrol bunk investment?

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Nayara EnergyWhat is the new petrol bunk
investment?
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Company Profile

• Essar Oil was part of the Essar Group based
  in Mumbai
• An India-based company engaged in the exploration
  and production of oil, refining of crude oil, and
  marketing of petroleum products.
• Nayara Energy (formerly known as Essar Oil) is an
  integrated downstream oil company of
  international scale encompassing the entire
  hydrocarbon value chain from refining to
  production and marketing, across segments,
  including retail.

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What is the new petrol bunk investment?

• To acquire a new petrol pump dealership the
  applicant is required to follow set procedures so
  that the business runs smoothly and without any
  hassle in the longer run.
• The applicant has to obtain all statutory
  approvals and licenses from the government to set
  up the retail outlet. Also, companies charge an
  application fee if you wish to become a
  franchisee.
• The investment required for the fuel station
  varies from location to location.

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What is the new petrol bunk investment?

• It will cost less in rural areas as compared to
  urban areas. The petrol pump dealership cost
  excluding the land will be minimum of 50-70 lakh
  rupees will be required to set up the petrol
  pump.
• The investment would be for two machines(petrol
  and diesel), canopy, a sales room, underground
  tank, fencing and electricals facilities.
• The applicant should also consider the amount to
  be invested for ATM machines and other
  complementary facilities as they are crucial
  elements that drive sales.

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Reference

• https//www.quora.com/unanswered/What-is-the-new-p
  etrol-bunk-investment
• https//www.nayaraenergy.com/about-us
• https//www.nayaraenergy.com

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Thank Youhttps//www.nayaraenergy.com/