Price Ranges for Petrol Pump Approval

The cost of obtaining approval for a petrol pump can vary widely depending on factors such as location, size of the fuel station, competition in the area, and regulatory requirements. In general, the costs involved can include application fees, security deposits, land lease costs, infrastructure expenses, environmental impact assessments, and various approvals from regulatory bodies.

As of 2021, in certain regions, the total investment required for setting up a petrol pump can range from approximately $50,000 to $250,000 or more, excluding land acquisition costs. It's important to conduct a detailed feasibility study and consult with local authorities to get a more accurate estimate of the costs involved in obtaining approval for a petrol pump in your specific location.