The BHARAT PETROLEUM CORPORATION Ltd(BPCL) has found a solution to seek a way out earlier to India's second-wide state-run oil refined and fuel exporter being privatized.Before this month in a presentation to the parliamentary standing committee on petroleum, to defend willing vendors in opposition to abandonment by BPC new owners the dealers have proposed a minimum lock-in period after privatization.

The All India Petroleum Dealers Association, a responsible body of petrol pump possessor, mentioned that the petrol pump land should be let out straight away in case a trader wants to way out from the business or conclude association with BPCL to the committee headed by BJP’s Lok SABHA mp Ramesh Bidhuri.“Land lease of many sites have expired but the company refuses to let go” mentioned by the dealer in a situation of obscurity.

The bulks of pumps were made by CODO’s in the country. The turndown to let go of land appeared to be an ordinary complaint of petrol pump possessors against all three state-run fuel exporters.Another dealer mentioned that “But for the fear of companies refusing to de-lease, many of us would today prefer to put the land to more profitable commercial use”.Till today BPCL handled four refineries. A fifth of the 250 hang gliding fuel stations and 51 LPG  bottling plants and 6,011 LPG  distributorships are owned by the company. 




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