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Title: Oil companies offer subsidy to dealers to install solar rooftop systems
Source:Business Standard
Date:23 April 2018

The three state-owned OMCs (oil marketing companies) are on a solarisation spree, to reduce “consumption of hydrocarbon fuels” and “improve public perception” of themselves. They are offering a subsidy to their cooking gas (LPG) and motor fuel pump dealers to install solar rooftop systems at their units. There are close to 50,000 petrol/diesel outlets in the country and around 18,000 LPG distributors. Of the three, Indian Oil has set an initial target of solarising 5,000 locations in 2018.Also, that such a move would send a positive message to customers about their “marketing channels and commitment to the environment, thus boosting the public perception of the corporation as a responsible business entity”.

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