What is a Coco pump?

Management of Company Owned Company Operated (COCO) Outlets.

What is Coco in petrol pump?

& Services at Company Owned Company Operated (COCO) Retail. Outlets.

What is the monthly income of a petrol pump?

Monthly profit for the petrol pump business is 2 lakhs – 1.35 lakhs= 65000 Rs for rural areas. Monthly profit for the petrol pumps business is 4.2 lakhs – 1.95 lakhs = 2.15 lakhs /month for city side.

What is CoDo and DoDo?

CoDo = Company Owned, Dealer Operated. DoDo = Dealer Owned, Dealer Operated.

What is CC and DC in petrol pump?

ii. Other Corporation Owned The offered land would be taken on Sites (“CC”/”A” sites) lease/purchased and fully developed as Corporation owned site. iii. Dealer Owned sites (“DC”/ The offered land and the super “B” sites) structure will be developed by the dealer.

How many petrol pump Can a person own?

IndianOil, Bharat Petroleum and Hindustan Petroleum are currently in the process of appointing dealers for about 78,500 filling stations under a new guideline which allows individuals or legal entities such as companies and trusts to obtain licenses to operate more than one pump.

What is the minimum distance between two petrol pumps?

This minimum distance i.e. 300 m shall be measured between the start of the median gap and the nearest tangent point of access/egress road of the fuel station, as is applicable, in a direction parallel to the centre line of the nearest carriageway of the National Highway.

What is the meaning of Coco in petrol stations?

COCO – Company Owned Company Operated. These pumps are run by Oil companies itself. Retail – Some dealer is running pump. He/she get products from a particular company and that company also provides him with certain equipment. A COCO is a Company Owned Company Operated petrol station.

What is the difference between a Coco and an oil company?

The COCO personnel are often on a different payroll structure than the oil company staff. The refiner owns the site, but it is operated by an independent dealer. The Dealer leases the station and land, including tanks, pumps, signs and other equipment from the refiner.

What is the difference between retail and franchise petrol pumps?

It is also a retail petrol pump but owned and operated ny the company. Thw other type is a franchise petrol pump which is owned and operated by a private individual (s). However the price for sale to the consumer ia fixed by the petroleum company. The retailer gets a commission for every litre sold.

What is the difference between a retail outlet and a Coco?

However the price for sale to the consumer ia fixed by the petroleum company. The retailer gets a commission for every litre sold. Company owned & operated by company ROs are named as COCOs.ROs which are operated by dealers are known simply as Retail Outlet but COCOs are owned & operated by company themselves