Among the 286 PACS from 25 States/UTs which have submitted online applications to establish retail petrol/diesel outlets, 45 PACS have already received Letters of Intent (LOI) from the Oil Marketing Companies OMCs.
It bears recalling that the government has permitted PACS to take up retail dealerships of petrol/diesel pumps. In this regard, Ministry of Petroleum and Natural Gas has revised its guidelines to prioritize PACS under the Combined Category-2 (CC-2) for selection of dealers for regular & rural retail Petrol/ Diesel outlets, for which PACS can apply online as per the advertisements issued by Oil Marketing Companies (OMCs).
Further, PACS have also been given a one-time option to convert their wholesale consumer pumps into Retail Outlets for which the Ministry of Petroleum and Natural Gas has released detailed guidelines.
As informed by OMCs, 286 PACS from 25 States/UTs have submitted online applications to establish retail petrol/diesel outlets. OMC reports indicate that 109 PACS from 4 States have agreed to this conversion, with 45 PACS having already received Letters of Intent (LOI) from the OMCs.
This initiative helps strengthen PACS by creating additional revenue streams and enhancing their financial sustainability. This was stated by the Minister of Cooperation, Shri Amit Shah in a written reply to a question in the Rajya Sabha.
