{"id":580725,"date":"2023-05-31T09:44:50","date_gmt":"2023-05-31T04:14:50","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=580725"},"modified":"2023-05-31T10:31:23","modified_gmt":"2023-05-31T05:01:23","slug":"after-ril-bp-nayara-energy-sells-petrol-diesel-at-re-1-less-than-psus","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/after-ril-bp-nayara-energy-sells-petrol-diesel-at-re-1-less-than-psus\/","title":{"rendered":"After RIL-bp, Nayara Energy sells petrol, diesel at Re 1 less than PSUs"},"content":{"rendered":"<p>After Reliance Industries Ltd and its partner bp plc of the UK, Nayara Energy &#8211; the nation&#8217;s largest private fuel retailer &#8211; has started selling petrol and diesel at Re 1 less than the fuel sold by state-owned retailers, officials said.<\/p>\n<p>While state-owned Indian Oil Corporation (IOC), Bharat Petroleum Corporation Ltd (BPCL) and Hindustan Petroleum Corporation Ltd (HPCL) continue to hold prices despite a drop in international rates, private fuel retailers have started passing on the benefit to consumers. <\/p>\n<p>&#8220;To further stimulate domestic consumption and cater to local customers better, we have introduced a Re 1 discount in our retail outlets until the end of June 2023,&#8221; a spokesperson for Nayara Energy said.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>After Reliance Industries Ltd and its partner bp plc of the UK, Nayara Energy &#8211; the nation&#8217;s largest private fuel retailer &#8211; has started selling petrol and diesel at Re 1 less than the fuel sold by state-owned retailers, officials said. While state-owned Indian Oil Corporation (IOC), Bharat Petroleum Corporation Ltd (BPCL) and Hindustan Petroleum Corporation Ltd (HPCL) continue to hold prices despite a drop in international rates, private fuel retailers have started passing on the benefit to consumers. &#8220;To further stimulate domestic consumption and cater to local customers better, we have introduced a Re 1 discount in our retail [&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-580725","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\/580725","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=580725"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/580725\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=580725"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=580725"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=580725"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}