{"id":4146,"date":"2015-07-30T09:14:01","date_gmt":"2015-07-30T09:14:01","guid":{"rendered":"http:\/\/www.franchisemart.in\/franchise\/?p=4146"},"modified":"2015-07-30T09:19:36","modified_gmt":"2015-07-30T09:19:36","slug":"shell-plans-reopens-77th-petrol-pump-india","status":"publish","type":"post","link":"https:\/\/www.franchisemart.in\/franchise\/shell-plans-reopens-77th-petrol-pump-india\/","title":{"rendered":"Shell plans to reopens 77th petrol pump in India"},"content":{"rendered":"
\"Shell\"<\/a>

Shell<\/p><\/div>\n

Latest Franchise News<\/a><\/strong>,Franchise News India<\/a><\/strong>,Buoyed by diesel price deregulation, Royal Dutch\/Shell has reopened its 77th petrol pump across the country and is looking to expand the network in near future.<\/p>\n

Shell said it has reopened a petrol pump in the Rakhial area of Ahmedabad<\/a><\/strong> city, taking its total operational fuel stations in India to 77. Of these, 20 pumps are in Gujarat<\/a><\/strong>.<\/p>\n

“With the opening of Rakhiyal, Shell now has 10 fuel stations in Ahmedabad,” the company said in a statement.<\/p>\n

“Shell is currently present across the six key states of Gujarat, Karnataka, Maharashtra, Tamil Nadu, Andhra Pradesh and Assam,” it added.<\/p>\n

The government had in October last year deregulated diesel pricing by stopping subsidies to state-owned fuel retailers.<\/p>\n

This puts PSU retailers, who operate over 94 per cent of the 53,419 petrol pumps in the country, at par with private companies.<\/p>\n

Private retailers like Shell and Reliance Industries had few years back shut down their petrol pumps as they could not match the subsidised price offered by PSUs.<\/p>\n

Of the 53,419 petrol pumps in the country, 50,447 are with Indian Oil Corp (IOC), Bharat Petroleum Corp (BPCL) and Hindustan Petroleum Corp (BPCL).<\/p>\n

RIL has reopened 1,400 outlets while Essar Oil has 1,491 petrol pumps on ground.<\/p>\n

Petrol price was deregulated in June, 2010.<\/p>\n

Commenting on the launch, Ravi Sundararajan, General Manager, Shell Retail India said, “The regulatory environment is getting increasingly conducive for fuel retail<\/a><\/strong> business in India, especially after the diesel deregulation that took place last year.<\/p>\n

“We are delighted to reconvene our services at Rakhial and strengthen our footprint in Gujarat in line with our growth strategy for India<\/a><\/strong>.”<\/p>\n

Shell<\/strong>, he said, was confident that locals from the area along with transient public and long distance travellers will take full advantage of our retail offerings.<\/p>\n

Shell V-Power, the premium performance petrol recently launched in the Indian market will also be available at the Rakhial outlet along with the main-grade petrol and diesel variants at market price.<\/p>\n

In addition, the outlet will also offer free engine oil service for bikers.Besides retail outlets, Shell operates a 5 million tonnes a year LNG import terminal at Hazira in Gujarat with Total. It had earlier this year signed a MoU with state gas utility GAIL and other firms for setting up a floating LNG terminal off the east coast.
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