State-run IndianOil on Monday said that it will impart “extensive training” to its dealers for a smooth roll-out of the daily price revision mechanism for petrol and diesel products.
The three state-owned oil marketing companies (OMCs) — IndianOil, Bharat Petroleum Co Ltd and Hindustan Petroleum Co Ltd — will commence the daily price revision of petrol and diesel products across the country from June 16, 2017.
The new mechanism of daily price revision follows a successful execution of a 40-day pilot project earlier at five cities of Chandigarh, Jamshedpur, Puducherry, Udaipur, and Vishakhapatnam. Read more
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