Their first target could be bulk buyers but state-owned companies are well-entrenched in that market
At 65 million tonnes per annum, diesel accounts for nearly 40 per cent of all petroleum products sold in the country. Not surprisingly, it is a huge opportunity for private oil marketing companies. Now that the government has decided to decontrol diesel prices for bulk users and allowed government-controlled oil marketing companies to raise retail prices in small monthly doses, private oil companies such as Reliance Industries, Essar Oil and Shell India have a real opportunity on their hands.
Links:
[1] http://admin.indiaenvironmentportal.org.in/news/diesel-decontrol-sparks-fresh-hopes-pvt-oil-marketers
[2] http://admin.indiaenvironmentportal.org.in/category/author/jyoti-mukul
[3] http://admin.indiaenvironmentportal.org.in/category/author/kalpana-pathak
[4] http://admin.indiaenvironmentportal.org.in/category/newspaper/business-standard-new-delhi
[5] http://admin.indiaenvironmentportal.org.in/category/thesaurus/diesel
[6] http://admin.indiaenvironmentportal.org.in/category/thesaurus/fuel-pricing
[7] http://admin.indiaenvironmentportal.org.in/category/thesaurus/reliance-petrochemicals
[8] http://admin.indiaenvironmentportal.org.in/category/thesaurus/bharat-petroleum-corporation-bpcl
[9] http://admin.indiaenvironmentportal.org.in/category/thesaurus/hindustan-petroleum-corporation-hpcl
[10] http://admin.indiaenvironmentportal.org.in/category/thesaurus/indian-oil-corporation-ioc
[11] http://admin.indiaenvironmentportal.org.in/category/thesaurus/energy