The Indian Oil Corporation Ltd has urged its dealers to run petrol pumps on solar energy as part of a nationwide green initiative.
The oil company had recently organized a seminar-cum-demonstration on solar based energy solutions followed by a pilot demonstration at a company-owned company-operated petrol station in Pune. Nearly 50 dealers who operate fuel stations in rural areas, where load shedding is a daily reality, participated in the event.
A manager at IOCL-Pune, said that switching to solar energy would not only free from them of load shedding but also help save over 70 per cent on their electricity and DG set bills. A presentation showcased how the dealers can save over 70 per cent of the energy bill by switching to solar, and also claim dual benefits of 30 per cent Government subsidy and 80 per cent depreciation benefit.
If oil companies themselves are shying away from using diesel gensets, isn’t time the rest of industry did it too?