Thursday, January 28, 2021
Home Business News Facelift for IOC pumps to catch 'em young, make room for EV...

Facelift for IOC pumps to catch ’em young, make room for EV charging – Times of India

NEW DELHI: IndianOil, the country’s largest fuel retailer, is giving its outlets a multi-crore-rupees facelift to attract gen-next consumers and make room for new-age alternatives such as charging or battery swap for EVs (electric vehicle) and natural gas, company executives said.
The move is part of company chairman SM Vaidya’s vision of retaining the company’s market leadership through the energy transition by turning traditional petrol pumps into energy plazas with an assortment of cleaner, greener and affordable alternative fuels.
“The revamp creates a distinct and attractive identity for consumers, while freeing up space – wherever it is possible – for other offerings. The idea is that each pump will offer more than one (petrol/diesel) mobility solution,” Shyam Bohra, executive director heading the Delhi state office, told TOI.
The redesigned pumps are snazzy, with emphasis on orange, signifying life and zest. The in-and-out dispenser layout makes them look spacious. Out of the company’s 27,000-plus outlets in the country, those in divisional headquarters will be the first to get the facelift. Four in Delhi – at Jungpura, Nehru Place, Dwarka and Chankyapuri — have got the new look.
Other executives said there’s more to the revamp, costing about Rs 1.5-2 crore each, than looks. “The new VRI captures the essence of best customer experience, new offerings and readiness to provide emerging solutions as the consumer base gets younger and aspirational,” another executive said. It goes with IndianOil’s recent offerings like 100-octane petrol for performance cars and bikes.
In cities with CNG (compressed natural gas) many IndianOil pumps also have CNG filling points. This will expand to new cities where gas networks are being set up. Simultaneously the company is looking at hydrogen as the ‘fuel of the future’. It is buying 100 buses running on hydrogen for field trials in Delhi and Gurugram in Haryana. The revamp and freed up space at pumps will allow future flexibility to make these offerings.
Development of Hydrogen fuel cells for electric mobility is a significant initiative that promises one of the cleanest and most reliable energy options in place of imported Lithium-ion batteries. Hydrogen-spiked CNG for city buses looks at improving the ambient air quality.

Source link

In this blog our main motive is to provide you all kind of latest information about technology, politics, sports, and health. If you want to read this information then you should have to visit our website. This information will help you to increase your knowledge.


Please enter your comment!
Please enter your name here

Most Popular

This is how you can style your little black dress | The Times of India

A moto jacket or a casual jacket on the little black dress can instantly make your outfit go from drab to fab....

Science-based facts about middle children!

There are also a lot of interesting facts and benefits behind being a middle kid! Source link

UBSE Board Exams 2021: Board shortlists exam centres for 10th, 12th exams – Times of India

Dehradun: The Uttarakhand Board of School Education (UBSE) has announced that 2,72,313 students of the 2020-21 batch will write their board exams in...

JEE Main 2021: Approach February’s JEE as ‘practice’ test, coaching institutes tell students – Times of India

Nagpur: Many coaching institutes are advising students to not worry about the upcoming Joint Entrance Examination (JEE-Main) in February, considering physical classes at...

Recent Comments