RATAN PRIYA FUELS LLP

In their own words

Ratan Priya Fuels LLP is a fuel technology startup that has planned to deliver automotive fuel. We are planning to promote the door to door fuel delivery system of High-Speed Diesel in India. India retained its spot as the third-largest consumer of oil in the world in 2019 with consumption of 5.16 million barrels per day (mbpd) of oil in 2019 compared to 4.56 mbpd in 2016. There is a considerable demand of High-Speed Diesel for stationary equipment like generator sets, earth moving equipment, heavy machinery used in construction sites, mobile towers, etc. and these may not have the facility/resource to store HSD. There is a demand from such customers for delivering HSD at their doorsteps. In contrast to petrol pumps, fuel delivering startups provide convenience and saves time. Customers can order fuel in far-fetched areas where there is no petrol pump nearby with the help of a mobile application. They can place their order and also track their fuel consumption and spending. The Mobile Dispenser will take the fuel from the Depot of the respective Oil Marketing Company and provide it to the customers for their fuel requirement in generator sets, earth moving equipment, heavy machinery used in construction sites, mobile towers, hospitals, offices, etc. at their premises. We will fulfill the demand of the doorstep HSD delivery at a reasonable cost on minimal time. Diesel demand in India is expected to double to 163 million tonnes (MT) by 2029-30. Plus the demand opens a huge market opportunity for fuel delivery startups in India.

Written by the company on its public Startup India profile. Not verified by us.