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OMCs to set up 2,500 new petrol pumps in West Bengal

The process to seek application for the new pumps in the state by Indian Oil Corporation, Hindustan Petroleum and Bharat Petroleum kicked off on Sunday.

November 25, 2018 / 08:36 PM IST
Special additional excise duty of Re 1 cess/litre on petrol, diesel will be applicable. Customs duty on gold and other precious metals will be increased to 12.5 percent (Image: PTI)

Special additional excise duty of Re 1 cess/litre on petrol, diesel will be applicable. Customs duty on gold and other precious metals will be increased to 12.5 percent (Image: PTI)

State-owned Oil Marketing Companies (OMCs) in West Bengal will set up around 2,500 additional petrol pumps over the next three to four years, an official said on November 25.

The process to seek application for the new pumps in the state by Indian Oil Corporation, Hindustan Petroleum and Bharat Petroleum kicked off on Sunday.

The OMCs will also try to have provisions for CNG in the proposed pumps, said Dipankar Roy, state coordinator of oil companies in Bengal and IOC executive director.

This is the first major retail expansion of petrol pumps after 2014. At present, there are about 2,235 pumps in West Bengal.

In the last four years, demand for petrol and diesel in the state increased 45.9 per cent and 31.1 per cent, respectively, Roy said.

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A joint venture between IOC and the Adani Group will set up 80 CNG stations in the next seven years in Burdwan East and Burdwan West districts, the official said.
PTI
first published: Nov 25, 2018 08:35 pm

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