Ratan Tata’s backing of Repos energy is establishing a sustainable ecology for India’s fuel delivery. Repos Energy’s product is a vehicle called the Repos Mobile Petrol Pump (RMPP), which aids in the safe and efficient supply of fuel.
Repos energy is establishing a sustainable ecology for India’s fuel delivery. It has developed an e-commerce platform through which diesel users and delivery partners may simply connect and participate in a secure and transparent transaction.
Repos Energy also sells a truck, the Repos Mobile Petrol Pump, which aids in the safe and efficient supply of diesel.
Repos Energy is committed to more than just supplying fuel to customers’ doors. It tends to provide a healthy atmosphere to live in while also helping one understand that they have an unlimited number of ways to be. Everyone in Repos wants to make the world a better place and make our country a happier and more proud place to live.
Repos Energy also assisted the Odisha government during Cyclone Fani by supplying bowsers (mobile petrol pumps) and adopting the novel concept of refueling rescue speedboats.
The government achieved a significant milestone in 2017 when the Ministry of Petroleum and Natural Gas announced the start of home delivery of diesel and petrol. The change was intended to reduce lengthy lines at gas stations and increase digital transactions in the industry.
With an eCommerce-like model becoming available for oil businesses, the concept was clearly a hot new opportunity for entrepreneurs. Repos Energy, which debuted in June 2017, was among the first to enter the fuel delivery paradigm, transforming the way energy is supplied through doorstep diesel delivery.
The name Repos, a combination of “relentless and optimistic,” pretty well sums up the voyage thus far. After all, it was an unexpected Amazon delivery that sparked the idea for Aditi, 28, a chemistry and forensic science major, and Chetan, 30, an engineer who had taken over his father’s petrol pump.
The Repos Mobile Petrol Pump (RMPP) is a future vehicle that is fully equipped with best-in-class technologies such as the Internet of Things (IoT) and Artificial Intelligence.
The RMPP is a wonderful invention of IoT (Internet of Things) technology that uses an in-house created IoT controller to ensure that fuel is delivered in the most efficient, safe, and secure manner possible. With features such as brake interlock, double dispensing units, geo-fencing, and more, the RMPP is the most efficient, secure, and dependable method to obtain fuel. It eliminates all of the issues associated with traditional diesel purchase, such as dead mileage, leakage, and pilferage.
Tata, the Chairman Emeritus of the Tata Group, joined the firm as a mentor, as did Tata Motors.
In a statement, the business also stated that it intends to hire over 1,200 operators from around the country during the fiscal year 2020-21.
In FY21, Ratan Tata-backed firm Repos Energy plans to produce and market around 3200 mobile fuel stations.
Chetan Walunj, the co-founder of Repos Energy, states “At present India needs over a lakh fuel station across the country to meet the demand. However, this wouldn’t be feasible due to the availability of land and the huge costs involved. There are over 55,000 fuel stations which are not sufficient,”
A Repose Petrol Pump, powered by IoT, can provide fuel to end-users via a simple mobile application, according to the business, which said that it is coupled with cloud technology for real-time updates.
“It has highly sensitive censors called ATG to get accurate quality and quantity of diesel. Enabled with GPS and Geo-fencing, this mobile petrol pump can be monitored in real-time, to ensure the utmost transparency,” it stated.
Aditi Bhosale Walunj, a co-founder, stated: “We have a fleet of 320 vehicles out of which over 100 are fully operational and working to deliver fuel across India. But now, our target is to build and sell 3,200 RMPPs in one year.”