Ready for BS-VI supply, prices to go up marginally from Apr 1: IOC

MUMBAI: National oil marketer Indian Oil CorporationNSE 0.09 % (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-sulphur diesel and petrol, the company’s chairman Sanjiv Singh told reporters here.