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.
