{"id":339610,"date":"2020-02-29T10:28:25","date_gmt":"2020-02-29T04:58:25","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=339610"},"modified":"2020-02-29T10:34:01","modified_gmt":"2020-02-29T05:04:01","slug":"price-hike-on-bs-vi-wont-hurt-consumers-will-meet-april-deadline-ioc","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/price-hike-on-bs-vi-wont-hurt-consumers-will-meet-april-deadline-ioc\/","title":{"rendered":"Price hike on BS-VI won&#8217;t hurt consumers, will meet April deadline: IOC"},"content":{"rendered":"<p>State-run Indian Oil Corporation (IOC) on Friday said the company would meet the April deadline for introducing BS-VI emission norms. <\/p>\n<p>Company executives, including Chairman Sanjiv Singh, said they expected the matter of price hike for the cleaner fuel to be settled before the roll-out. <\/p>\n<p>The three public-sector oil companies \u2014 IndianOil, Bharat Petroleum Corporation (BPCL), and Hindustan Petroleum Corporation (HPCL) \u2014 have spent Rs 35,000 crore on refinery upgrade for BS-VI. IndianOil has spent around Rs 17,000 crore. <\/p>\n<p>\u201cIf the industry has spent so much, we presume there should be some consideration for this \u2026 let me assure you the price increase will not pinch (the retail consumers),\u201d said Singh.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>State-run Indian Oil Corporation (IOC) on Friday said the company would meet the April deadline for introducing BS-VI emission norms. Company executives, including Chairman Sanjiv Singh, said they expected the matter of price hike for the cleaner fuel to be settled before the roll-out. The three public-sector oil companies \u2014 IndianOil, Bharat Petroleum Corporation (BPCL), and Hindustan Petroleum Corporation (HPCL) \u2014 have spent Rs 35,000 crore on refinery upgrade for BS-VI. IndianOil has spent around Rs 17,000 crore. \u201cIf the industry has spent so much, we presume there should be some consideration for this \u2026 let me assure you the [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,130,169],"tags":[],"class_list":["post-339610","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-oil-gas-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/339610","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=339610"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/339610\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=339610"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=339610"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=339610"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}