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Home Economy

Paperless Licensing for Petroleum Service Stations

January 30, 2020
in Economy
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Source: PIB

Key highlights

  • The Department for Promotion of Industry and Internal Trade (DPIIT), Ministry of Commerce and Industry has launched paperless licensing process through Petroleum and Explosives Safety Organisation (PESO) for petroleum service stations (retail outlets storing and dispensing petrol/diesel for motor conveyances) under the Petroleum Rules, 2002.
  • Paperless application and grant of license process for road tankers for transportation of petroleum under the Petroleum Rules have been launched in January 2020. 
  • This initiative for petroleum pump licensing is directly going to benefit more than 70,000 petroleum pump owners and oil marketing companies under the Petroleum Rules, 2002. 
  • An added advantage of this move is that the authenticity of the license may be verified on PESO’s website. This automation will greatly benefit the petroleum and gas industry.
  • The paperless license  process will include filing the applications online, online payment of fees which will go directly to the concerned officer’s ID without any manual interface
  • The entire process will not require any printing and physical dispatch of licenses. The license will be dispatched electronically.

Current status of licenses for petroleum service stations

The licenses for petroleum service stations and road tankers for transportation of petroleum accounts for more than 85% of total licenses under the Petroleum Rules, 2002.

About PESO
The Petroleum and Explosives Safety Organisation (PESO) formerly Department of Explosives, with its Head Office at  Nagpur had completed its hundred years on 9th September 1998. This Organisation comes under, Ministry of Commerce and Industry, Department for Promotion of Industry and Internal Trade, Government of India.

Tags: Prelims

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