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Petrol pump operators seek financial support as losses mount on falling fuel sales
By : Sustainability ..., Apr 13, 2020
With coronavirus eviscerating demand, petrol pump operators on Friday said per pump sales have fallen to less than one-tenth, leading to heavy losses in establishment and employee cost. The All India Petroleum Dealers Association (AIPDA), which claims to represent the bulk of...Read more..
Subject Tags: coronavirus , losses , petroleum
Excise duty hike on petrol, diesel: Govt to garner Rs 39,000 crore
By : Sustainability ..., Mar 16, 2020
The government on Saturday hiked excise duty on petrol and diesel by a steep Rs 3 per litre each to garner about Rs 39,000 crore additional revenue as it repeated its 2014-15 act of not passing on gains arising from slump in international oil prices. Retail prices of petrol...Read more..
Subject Tags: diesel , petroleum , Vehicle Excise Duty
Panel to consider allowing private companies to sell subsidised LPG
By : Sustainability ..., Jun 11, 2019
The government has set up an expert panel to consider allowing private firms to sell subsidised cooking gas — a long-standing demand for companies like Reliance Industries because state firms...Read more..
Subject Tags: cleaner fuels , cooking gas , Environmental Policy , LPG , oil ministry , petroleum , Reliance Industries Ltd.
Govt to raise target for ethanol blending of petrol
By : Sustainability ..., Nov 23, 2018
The government intends to further increase the target level for the Ethanol Blended Petrol (EBP) programme that aims to bring down India's imports of petroleum products, as also provide cleaner...Read more..
Subject Tags: biofuel , ethanol , India , Oil & Gas , oil marketing companies , petroleum , petroleum imports , Petroleum Ministry
Niti Aayog moots single regulator for energy sector
By : sustainabilityo..., Jun 29, 2017
Government think-tank Niti Aayog has made a case for a single regulator to govern India’s energy market to make ‘India’s...Read more..
Subject Tags: coal , energy , National Energy Policy , NITI Aayog , petroleum , Power Ministry