Explanation:

• Indian Oil launched a new premium grade petrol – Octane 100. Branded as XP100, the premium grade petrol was launched across ten cities by Dharmendra Pradhan, Minister of Petroleum and Natural Gas. The technology for India’s first octane petrol has been indigenously created by Indian Oil Research and Development. The availability of XP100 puts India in an elite group of countries, having access to such high- quality oil. The petrol will provide high quality and power to the engine. Indian Oil plans to roll-out XP100 premium grade petrol in 15 identified cities across the country in two phases. Hence option 2nd is correct.