Oil PSUs to allot 65,000 petrol pumps: Why govt should focus on finding alternative to expensive fossil fuel


Oil PSUs to allot 65,000 petrol pumps: Why govt should focus on finding alternative to expensive fossil fuel

Barely 72 hours after the Centre announced it was allotting a whopping 55,649 new petrol pumps in the country, the apex body of petrol-diesel retailers plans to challenge the decision in court. A senior office-bearer of All India Petrol Dealers Association (AIPDA) said on Wednesday that what the government was proposing to do was contradictory.

Presently, there are 56,000 petrol pumps of the state-owned oil-marketing companies — Indian Oil Corporation, Hindustan Petroleum Corporation and Bharat Petroleum. In addition, private petrol pumps aggregate to 6,000, mainly belonging to the Reliance and Essar group.

AIPDA rightly questions the wisdom of the new petrol pumps when the government’s aim is to close all the petrol pumps by 2025 in the wake of its parallel and cognate decision to usher in alternate eco-friendly fuels. Read More

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