Apply for a Biodiesel Pump Dealership in 2024 – Process to Submit Application, Cost, Profit Margin, Advertisement: If you are thinking of starting a new business idea and wish to make an investment in the fuel station industry, then Biodiesel Pump is the best option for you. But initially, you need to know about biodiesel.
Biodiesel is a domestically created fuel which is mainly a renewable fuel. It is produced with the assistance of recycled Restaurant Greece, animal fats, vegetable oils, and other ingredients that are regulated on diesel.
Also Read – CNG Pump Dealership Application Process 2024.
The biodiesel properties are comparable to regular petroleum diesel. Biodiesel is manufactured in India and the creation of biodiesel is from several sources. The processing expense of biodiesel is extremely less in comparison to regular petroleum diesel. Go through the whole article to know more about biodiesel.
Table of Contents
Hindustan Biodiesel Pump Dealership 2024 Summary
|Name of the Company
|Franchise / Dealership
|1st floor 80 Feet road, Alkapuri, Ratlam, Madhya Pradesh – 457001 (INDIA)
Biodiesel Pump Dealership Cost
|Rs. 20 Lakhs
|Rs. 10 Lakhs
Breakup of Investment Cost:
|Rs. 1 Lakh
|Rs. 2 Lakh
|Rs. 4 Lakh
|Rs. 4 Lakh
|Biodiesel Dispensing Machine Qty 2
|Rs. 6 Lakh
|Refundable security amount
|Rs. 5 Lakh
One must have minimum 35 Meter X 35 Meter Land for rural areas.
For municipality areas, the dimension of land required is – 30 Meter X 30 Meter.
Land should be on lease agreement or owned. Also, 3 Phase electricity connection will be required in the area.
Benefits of Opening a Biodiesel Filling Station Business
- Because of the increased need for Petroleum diesel, its rates are rising very quickly day by day. On the contrary, if you use biodiesel, it will cost you much less than regular diesel.
- It also gives you alternative power. Because of the Home Production of Biodiesel, it will not influence our GDP.
- According to a study administered in the USA, the biodiesel running automobile is generating less carbon dioxide in comparison to regular diesel. Utilizing biodiesel will also aid in the improvement of our air quality.
- There is often the need for lubrication in diesel automobiles, for the betterments of cars. Biodiesel can improve fuel lubricity.
- On the aspect of protection, it is unblended and pure form and results in less destruction than petroleum diesel if this fuel spilled into the atmosphere. The biodiesel flashpoint is much increased than regular petroleum diesel. The biodiesel flashpoint is 130 degrees Celsius and the regular petroleum diesel has 52 degrees Celsius.
Eligibility Criteria For Biodiesel Pump
Some eligibility criterias are crucial to launch biodiesel fuel stations. These are as follows:
- The contender must be a permanent citizen of India.
- The applicant’s minimum age has to be at least 21 years.
- The applicants must have good skills and good knowledge in entrepreneurship.
- For the biodiesel pump station opening, the area has to be good.
- You must have stable economic conditions in order to open a biodiesel pump station.
Application Fee for Opening a Biodiesel Pump Dealership
|Regular Retail Outlet (RO)
There will be 50% concession for SC / ST Applicants.
How to apply for a Biodiesel Pump Dealership Online?
- If you browse on the internet to see what biodiesel pump dealerships are then you will find many corporations.
- Currently there are several local and regional corporations that are enrolled for biodiesel.
- The majority of them didn’t retain their own production.
- Few corporations can demand your capital at the name of the location visit. This money is non-refund.
- Whenever you are interested to apply for any dealership for biodiesel fuel, then firstly go to your closest biodiesel fuel station in your town. After that, take an ownership inquiry.
- If the possessor of that filling biodiesel station is happy with that corporation then you can choose that corporation.
- Land Documents such as – Khasra, Khatian, Khatouni, Deed etc.
- Plan for proposed site
- Land Conversion document
- NOC from various departments
- Electricity Connection Documents
- GST Number.
|Hindustan Biodiesel Pump Application Form
|Click Here to Apply Online
|Offline Application Form
|Read how to get Indian Oil Petrol Pump Dealership
|Apply Online Here
- You can apply for Biodiesel Pump Dealership through online at the company’s own website.
- There is no fees required to be paid for application submission. If you are selected, then only you should invest in the dealership.
- If you are a business owner or willing to start your own business, then you can apply with the company. Before that, do checkout the minimum qualification and other investment requirement before submitting application.