Pune-based energy distribution startup, Repos Energy, plans to manufacture and sell around 3,200 mobile petrol pumps in the current financial year.
The startup also plans to get on board over 1,200 operators from across the country during FY 2020-21.
Repos Energy is backed by Ratan Tata, Chairman Emeritus of Tata Group. As per a statement from the company, Ratan Tata came on board as a mentor along with Tata Motors.
Talking about the present fuel demands of India, Chetan Walunj (Co-Founder of Repos Energy) said,
“At present India needs over a lakh of fuel stations across the country to meet the demand. However, this wouldn’t be feasible due to the availability of land and the huge costs involved. There are over 55,000 fuel stations which are not sufficient.”
The mobile petrol pump named as ‘Repose Petrol Pump’ can safely and conveniently deliver fuel to the end customers through a simple mobile application.
All this is done using the IoT devices and Cloud technology.
Chetan also added, “It has highly sensitive sensors called ATG to get accurate quality and quantity of diesel. Enabled with GPS and Geo-fencing, this mobile petrol pump can be monitored in real-time, to ensure the utmost transparency.”
The company is aiming to build and sell 3,200 mobile petrol pumps. Repos Energy Co-founder, Aditi Bhosale Walunj, said: “We have a fleet of 320 vehicles out of which over 100 are fully operational and working to deliver fuel across India. But now, our target is to build and sell 3,200 RMPPs in one year.”