Coal News We love to talk!
The petroleum ministry on Wednesday condoned a decision by the Consortium of Indian Petroleum Dealers (CIPD) to close petrol pumps on Sundays starting from May 14.
“Petroleum Ministry neither endorses nor approves of move by small section of dealers to keep their petrol pumps closed on Sundays. Such closure of petrol pumps by a small section of dealers will lead to inconvenience to general public,” oil ministry said in a tweet.
It added that major dealers' federations have clarified that they don’t endorse any closure of petrol pumps on any day. "The Honourable Prime Minister in MannKiBaat appealed to people of India not to use fuel once a week and not to dealers to close their pumps on Sunday,” the ministry said.
CIPD, an association of petroleum dealers, yesterday announced its decision to keep their fuel outlets closed in eight states including Tamil Nadu, Kerala, Karnataka, Puducherry, Andhra Pradesh, Telangana, Maharashtra and Haryana. The association had said its decision was made in view of PM Modi’s request to the people of India to conserve fuel.
CIPD had last week threatened to not purchase petrol and diesel for a day on May 10 and subsequently shut outlets every Sunday starting from May 14 if their demand for higher margin is not met by the oil marketing companies
The other industry association of petrol pump dealers All India Petroleum Dealers Association (AIPDA) last week announced its decision not to back CIPD’s agitation.
- Reliance plans to expand its fuel retail network Read more
- Demonetisation shuts out traders, small firms from coal e-auction Read more
- Excise duty on petrol, diesel raised; to have no impact on retail prices Read more
- Coal India draws logistics strategy to push coal evacuation Read more
- Can't link local gas to foreign prices: Dharmendra Pradhan Read more
- Shale oil and gas exploration policy to be taken up Read more
- Punjab, Haryana to face shortfall of cheapest BBMB power in summers Read more
- NPCIL for joint ventures with state firms to augment generation capacity Read more
- Government plans to reform power distribution Read more
- Gas price issue: RIL to decide on merits of arbitration Read more