Retail Outlets
At present, PAIC is running three petrol pumps on its own. The dealership of these petrol pumps has been taken from Indian Oil Corporation (IOC). The detail of the lease money being received by PAIC against these pumps is as under:
Sr.No. | Name of the station | District | Lease money per month as per agreement (10% increase after every five years) | Date of Agreement | Lease Period |
1 |
Salem Tabri, Jalandar By-Pass Chownk | Ludhiana | Rs. 19050/- | 25/01/2001 | 30 Years |
2 |
Behram | SBS Nagar | Rs. 8000/- | 24/01/2001 | 30 Years |
3 |
Ahrana Kalan | Hoshiarpur | Rs. 6400/- | 23/01/2001 | 30 Years |
PAIC gets its commission from the selling amount of petrol, diesel and lubricants. The standard commission rates are as follows:
- For Petrol – Rs. 3.27 per litre.
- For Diesel – Rs. 2.19 per litre.
- For XP – Rs. 3.51 per litre.