IndianOil XP100 Launched @ INR 160 Per Litre (Official Press Release): In a move that can be a potential game-changer in the petroleum fuel retail market in India, IndianOil has launched world-class premium-grade Petrol (100 Octane) in the country today.
Branded as XP100, the premium grade petrol was launched across ten cities by Mr Dharmendra Pradhan, Minister of Petroleum & Natural Gas and Steel, in the virtual presence of Mr Tarun Kapoor, Secretary, MoP&NG; Mr Shrikant Madhav Vaidya, Chairman, Dr SSV Ramakumar, Director (R&D); IndianOil, Mr Gurmeet Singh, Director (Marketing), IndianOil, and other senior officials.
Complimenting IndianOil on this suave market move, Mr Dharmendra Pradhan, Minister of Petroleum & Natural Gas and Steel, said, “With this fuel, India has joined the league of select countries worldwide where petrol with 100 or higher Octane number is sold. Launch of world-class products such as XP100 proves that we are focusing on providing better energy solutions to all. The fact that these solutions are being deployed with homegrown technology developed by our scientists is a matter of pride. This is yet another step in the direction of the Atmanirbhar Bharat initiative which our Government is keenly implementing in the energy sector, in line with our PM’s Energy Vision.”
Mr Shrikant Madhav Vaidya, Chairman, IndianOil, said, “XP100 is an ultra-modern, ultra-premium product designed to thrill your senses. It is the finest grade of petrol to give your vehicle higher power & performance and give you a delightful drive.”
IndianOil is the first company in India to launch the premium world-class petrol that enhances the performance of high-end luxury cars and bikes. It is also noteworthy that XP100 premium grade petrol has been produced at IndianOil’s Mathura Refinery using the indigenous OCTAMAX technology developed by IndianOil R&D.
Currently, normal petrol marketed in India has 91 Octane. IndianOil’s premium grade petrol with 100 Octane is designed to rev up the engine, give faster acceleration, significantly boost engine performance, give better drivability, enhanced fuel economy and engine life. It exceeds IS-2796 specifications and is also an environment-friendly fuel with much-reduced tailpipe emissions.
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 ROs w.e.f December 1, 2020, 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, Kolkata and Bhubaneswar. These cities have been selected basis their aspirational demographics and availability of high-end vehicles in these cities.
Press Release Source: Indian Oil