Mumbai: In upsetting times that we are currently living in and the lockdown style restrictions has brought the world on its knees, which means stepping out of your house is a complete NO! But if your vehicles or other machines require diesel and the fuel scale is looking low, fret not, and say hello to The Fuel Delivery that is providing the service of doorstep diesel delivery in Mumbai.
An app-based door-to-door fuel delivery service provider, 'The Fuel Delivery' on Tuesday declared the launch of its operations in Mumbai. Currently, The Fuel Delivery is providing only diesel supply and has signed an agreement with Indian Oil Corporation Limited (IOCL) to deliver the fuel around the multiple cities in the country.
With this service launch, the company aims to provide to sectors like real estate (both under construction and occupied projects), schools and institutions, hospitals, corporate offices, banks, shopping malls and the agricultural sector. Given the pandemic running through the second wave, it will be a win-win offer for the customers as they can maintain social distancing rules through contact-less delivery by avoiding long queues at fuel stations. The company also recently declared the signing of an 'All India Business Agreement' with state-owned oil major, IOCL.
The service level agreement permits The Fuel Delivery to offer doorstep delivery of diesel anywhere in India. As far as industry standards are concerned, the door-to-door delivery of fuel service is close to 60,000- 70,000 litres per month.
State-owned Indian retailers' petrol and diesel sales in April, 2021 gone down by 61 per cent and 57 per cent year-on-year. This weakening can be credited to a low level of industrial and transportation activity amid restrictions put on the travel, however, it started to gain momentum by late April as activities recommenced. Oil marketing companies anticipate the door-to-door fuel market to be worth more than Rs 2,000 crores in the near term of the next 1 to 1.5 years.
“Since we are starting now in a very crucial phase, we have orders worth more than 100 thousand litres per month/per bowser in places like Mumbai and Delhi. We have a set of customers and MoU in place, when we do the consolidated number what we get to see is with these three browsers on road today we are able to deliver approximately 300 thousand litres in a month in Mumbai,” the an Autocarpro report quoted Rakshit Mathur, Founder and CEO, The Fuel Delivery as saying.
The Fuel Delivery had also announced its entry into the Delhi market and now has expansion plans in a phased manner to enter other key cities such as, Bengaluru, Chennai, Chandigarh, Hyderabad and Kolkata in the next 12 to 18 months.
Meanwhile, state-owned oil marketing companies (OMCs) on Wednesday hiked the petrol and diesel prices for the second day in a row. This is the second hike in transportation fuel prices since February 23. As a result, petrol and diesel prices in Delhi were increased by 19 paise per litre and 21 paise per litre respectively.
Petrol and diesel were retailing at Rs 90.74 per litre and Rs 81.12 per litre respectively on Wednesday in Delhi.
(With agency inputs)
