100 new licenses will be released soon ! Chance to be owner of CNG pump

On the occasion of the foundation stone of City Gas Distribution Project (CGD) in 129 districts on Thursday, Prime Minister Narendra Modi said that 10,000 new CNG stations will be opened in the country. As of April 2018, there were 1424 CNG stations in the country. These CNG stations supply CNG in 3 million cars sold in India. In such a case, if you want to be the owner of a CNG pump then you have a great chance. Let’s find out about …

You have two ways to earn money- The first companies demand land for the installation of a CNG pump. Companies take land on lease. In this case, you will get the chance of earning the first land on lease. Another way you can get dealership yourself on the ground. Companies partner for this, which they call Landlink CNG Station policy. All companies take the tender for the station according to their needs, in which the second recurrence is given with the location. Depending on this, you can apply. For tender, information on the website of these companies can be obtained.

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These companies do CNG pump distribution: At present, six companies in the country are distributing CNG pumps, including Indraprastha Gas Limited, Maharashtra Natural Gas Limited, Central UP Gas Limited, Green Gas Limited, Maharashtra Gas Limited, GAIL Gas Limited and Vadodara Gas Limited covers.

If you want to apply, you need to have land in your name – you want to own a CNG pump, you must have land. There should be 700 square meters of land for the light vehicle, in which the forward should be 25 meters. Similarly, if you want to open the CNG pump for heavy commercial vehicles, then you should have a plot of 1500-1600 sq.m, in which it should be 50-60 meters in front. If your plot is in highways and crowded areas then companies would prefer to allocate CNG pumps. However, taking the land on lease is also an option to become the owner of CNG pump.

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To open the pump, the bank lays off the cost of the land in opening the Lone-CNG pump, then a sum of about Rs 1 crore is spent, including equipments, implicit cost, construction cost and license fees. You can also take a loan from the bank for this. All the companies remove the tender for the station pump as per their requirement, in which the second recurrence with the location is given. Based on this, you can apply. For tender, information on the website of these companies can be obtained.