Oil Refiners Push For Extra Pricing For Supplying BS-VI Fuel
The Hindu Business Line|February 26, 2020
Cost burden has increased with investments, says BPCL’s Director
Oil Refiners Push For Extra Pricing For Supplying BS-VI Fuel

The country’s public and private sector oil refiners are lobbying the government to compensate them for the investments made in producing and supplying BS-VI fuel, a government mandate which will take effect from April 1.

State-owned Bharat Petroleum Corporation Ltd will introduce the product officially in the market across India from March 1, the company’s director (refineries) R Ramachandran told the media today.

BPCL invested about ₹7,000 crore to upgrade its refineries to make the better-quality product. To start with, BPCL and other refiners, will not price the product differently until the government backs their demand to charge extra for recovering their investments.

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