IOC to set up petrol pumps in residential complexes

New Delhi, Dec 6 (UNI) Indian Oil Corporation (IOC) along with real estate firm Ansal Properties and Infrastructure Ltd will set up petrol stations at select residential and commercial complexes on an all India basis.

An MoU has been signed to this effect between the two companies. The project would initially be on a pilot basis.

IOC would also be supplying LPG to the residential township and fuel oils for the purpose of captive power generation in the commercial and residential complexes being set up by Ansal API.

This facility would be spread to all properties across India, Ansal API Vice President Marketing Kunal Banerji said.

UNI RT PV SSC1358