How to open a biofuel station in your city

As we progressed and developed with the advancement of technology, we also ruined nature and exploited its resources to their fullest. But soon we realized the realism and apprehended the necessity and importance of biofuels. Biofuel is a renewable resource of energy obtained from natural material. It can be called renewable fuel which can be used instead of non-renewable fuels, like petroleum.
Long-headed people are adopting biofuels extensively, and thus the business of biofuel stations is expanding day after day. That's why industrious people having sufficient resources are considering opening a new business of biofuel pump.

Eligibility requirements

• An Indian citizen.
• Minimum age- 21 years.
• Entrepreneurial skills and/ or experience.
• Good location of land for a fuel station.
• Stable financial condition.

How to get a biofuel pump dealership in India

1. Basic facility cost amounts to Rs. 23,00,000 to Rs. 25,00,000. This cost includes consulting charges for a site visit, service map, registration, distributorship charges, pipeline, fitting board and lighting charges, storage tank, fuel dispensing machines, security amount (refundable and interest-free) and working capital.
2. Optional facilities include watercooler, toilet, computer, furniture, machine canopy, generator etc.
3. The minimum area required is 120 x 120 ft. (approx.) on road.
4. Complete property documents for commercial use are required.
5. PAN card and GST number of the firm.
6. Copy of PAN card and Aadhar card of the owner.
7. The current bank account of the firm.
8. Two passport size photographs of the owner.
9. Triple face electricity connection.
10. Sufficient supply of water.
11. In the case of a partnership, a complete partnership deed with complete details is mandatory.
12. Most of the companies also demand brand fees.
13. The margin of the profit and/or amount of royalty or commission also varies from company to company.

• Hindustan Biodiesel https://www.hindustanbiodiesel.in/apply-online-for-franchise-of-hindustan-biodiesel.php
• Hindustan biofuel http://www.hindustanbiofuel.in/Contact.html
• Hindustan petroleum https://www.hindustanpetroleum.com/contactus