Essar Oil to get into ATF retail

Mumbai: Essar Oil, the oil refining and marketing company from the Essar group, is all set to start retail sales of aviation turbine fuel (ATF) in the next 6-9 months.
S Thangapandian, chief executive officer - marketing, Essar Oil, on Tuesday said the company will set up refuelling stations in Gujarat and Rajasthan. It is also planning to set up an ATF dispensing station in Jamnagar by January, for which it is expecting an approval in the next 2-3 weeks. The company has a setup in Jamnagar.
"We will be supplying and distributing ATF at Ahmedabad, Rajkot, Udaipur and Jaipur airports in the next 6-9 months. We have got approvals from Airports Authority of India to set up ATF stations in these four cities," he said.
"We will spend Rs 45-50 lakh on each bowser that will be used in these airports, and including the rental charges of the airports and locations we will spend close to Rs 1.5-2 crore on each site," Thangapandian said.
"We are planning to install two bowsers at each location; each bowser has a capacity of 10,000 litres, which is enough for a few days requirement."
25/11/09 Ramiya Bhas/Daily News & Analysis

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Categories: Indian Aviation- In General Nov 2009, New Nov 2009