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Added on : 2020-02-28 15:38:43

National oil marketer Indian Oil Corporation (IOC) on Friday said it is ready to supply low emission BS-VI fuels from April 1 and that there will be a marginal increase in retail prices. The largest oil supplier has spent over Rs 17,000 crore to upgrade its refineries to produce the low-sulfur diesel and petrol, the company's chairman Sanjiv Singh said. “But let me assure you, we will not be burdening the consumers with a steep hike,” Singh said.

National oil marketer Indian Oil Corporation (IOC) on Friday said it is ready to supply low emission BS-VI fuels from April 1 and that there will be a marginal increase in retail prices. The largest oil supplier has spent over Rs 17,000 crore to upgrade its refineries to produce the low-sulfur diesel and petrol, the company's chairman Sanjiv Singh said. “But let me assure you, we will not be burdening the consumers with a steep hike,” Singh said.

Editor & Publisher : Dr Dhimant Purohit

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