Common questions

What is the cost of petrol pump Licence?

What is the cost of petrol pump Licence?

How much investment is required to get a petrol pump license in India? To start a petrol pump, the applicant must show the ability to invest a minimum of Rs. 25 lakhs in case of regular petrol pumps and Rs. 12 lakhs in case of rural petrol pumps.

How can I get petrol Agency license in Pakistan?

Retail Dealership Process

  1. Step 1: Registration and Initial Assessment:
  2. Step 2: Cost Analysis:
  3. Step 3: Preparation of MOU and Agreement to Lease.
  4. Step 4: Issuance of NOC:
  5. Step 5: Contractor Finalization Process:
  6. Step 6: Site Construction:
  7. Step 7: Operational Work Plan:

How can I start a petrol pump?

To open a petrol pump business, you must have a good investment capacity to start with. There are two types of charges for opening petrol pumps in India: Rs 12 lakhs for ROs for rural areas and Rs 25 lakhs for ROs in urban areas, though the amount may vary from company to company.

How do I lease my petrol pump?

If you do not have any land on your behalf, you can also take land in lease. You must obtain a No Objection Certificate(NOC) from the landowner for the same. To set-up an oil pump in Rural Area- The land must be in rural areas but not on the national highways or state highways.

What is the profit of petrol pump?

Total profit of the petrol pump business Monthly profit for the petrol pump business is 2 lakhs – 1.35 lakhs= 65000 Rs for rural areas. Monthly profit for the petrol pumps business is 4.2 lakhs – 1.95 lakhs = 2.15 lakhs /month for city side. There is 100% no loss in this business.

How much does it cost to open a petrol pump in Pakistan?

There may be two choices either you rent your station to petrol companies so that they will build up the station and all or to build station at your own, requires more effort. So depending upon the factors, the minimum amount would be around 2.5–4 Crore PKR to open up a petrol pump.

How much land is required to open a petrol pump?

Normally, the area of 800 square meters to 1200 square meters is sufficient to open a petrol pump. The application fee is Rs. 1000/- for regular retail outlets and Rs. 100/- for rural retail.

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Ruth Doyle