On Demand FUEL DELIVERY - Online Fuels booking is very popular Startups in developing coutries like USA, UK, etc.
With start of the Govt of India initiative now Oil marketing Companies (OMCs) are considering recognised Startups to apply for "DDD Resellers" by signing an Agreement with the concerned OMC ( ex- IOCL or BPCL or HPCL) . Such start-ups is also called as "FuelEnts" (Fuel + Entrepreneurs). Eligible Start-ups registered as “DDD Resellers” will be able to procure HSD directly from supply locations of the OMC or its Retail Outlets, having facility for loading of such Mobile Dispensers. Hence the Startup must have their own PESO compliants Dispenser. THIS IS B2B Business only.
There is a considerable demand of HSD for stationary equipment like generator sets, earth moving equipment, heavy machineries used in construction sites, mobile towers, etc. and these may not have facility / resource to store HSD. There is a demand from such customers for delivering HSD at their door steps.
Govt. of India under the aegis of Department for Promotion of Industry and Internal Trade (DPIIT), Ministry of Commerce & Industry is promoting Start-ups for engaging new entrepreneurs in innovative business solutions. Ministry of Petroleum & Natural Gas also has envisaged the novel concept of reaching HSD to the door steps of customers by engaging Start-ups.
In view of above and to enable such Start-ups to engage in the reselling of HSD, this policy has been framed. And this scheme can be availed only by Start-ups registered and recognized by DPIIT, MoC&I.