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Business Economy

Premium grade petrol launched in Indian market

New Delhi, Dec 1 (UNI) IndianOil launched a premium grade petrol, branded as XP100 in 10 cities on Tuesday.
Petroleum Minister Dharmendra Pradhan said at the launch of the fuel that the technology for India’s first 100 Octane petrol has been indigenously created by IndianOil R&D, and this is yet another step in the direction of Atmanirbhar Bharat initiative which the government is implementing in the energy sector,
He said that the availability of XP100 puts India in an elite group of countries, having access to such high quality oil.
It will provide high quality and power to the engine.
IndianOil plans to roll-out XP100 premium grade petrol in 15 identified cities across the country in two phases.
In the first phase, it has been made available at select outlets in Delhi, Gurgaon, Noida, Agra, Jaipur, Chandigarh, Ludhiana, Mumbai, Pune and Ahmedabad.
In the second phase, the availability of this 100 Octane petrol would be extended to Chennai, Bangalore, Hyderabad, Kochi, and Kolkata.
These cities have been selected on the basis their aspirational demographics and availability of high-end cars and bikes dealerships in these cities.
Worldwide, 100 Octane petrol has a niche market for luxury vehicles that demand high performance, and is available only in six countries like Germany and USA.
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