This option is suitable for those landowners who desire equity participation in establishing a station over and above the cost of the land. In this case the land would be treated on lease to PCPL for which lease rentals would be payable to the landowner from the Station account. The modality of operation would be as follows below:

1. PCPL will install the equipment/machinery under its supervision.
2. PCPL will provide management, the know how to operate and maintain the station.
3. The Joint Venture Partners can take equity in a particular station. JV Partner can take up to 51% equity in a particular station.
4. All government formalities will be completed by PSA and the JV Partner.