55,649 Petrol Pumps Bonanza: Dealers to Move Court Over Central Government’s Pre-Poll Announcement
"On one hand, the Centre has announced the closure of petrol pumps in India replacing them with alternative fuels by 2025. But, now they are publishing advertisements for allotting the second string of new petrol pumps. So what exactly is this policy?" Bansal said.
Mumbai, November 28: Barely 72 hours after the Centre announced a pre-election bonanza of distributing a staggering 55,649 new petrol pumps in the country, the apex body of their dealers plan to challenge the move in court, a top office-bearer said here on Wednesday. The All India Petrol Dealers Association (AIPDA) President Ajay Bansal said that the government's latest move (of November 25) appeared contrary to its own policy and the dealers would question its legal validity. "On one hand, the Centre has announced the closure of petrol pumps in India replacing them with alternative fuels by 2025. But, now they are publishing advertisements for allotting the second string of new petrol pumps. So what exactly is this policy?" Bansal said.
Presently, India has 56,000 retail petrol bunks of the three government oil marketing companies -- Bharat Petroleum Corporation Ltd (BPCL), Hindustan Petroleum Corporation Ltd (HPCL), and Indian Oil Corporation Ltd (IOCL), besides another 6,000 outlets owned by private companies. Petrol Pump Dealers Say Oil Companies Threatening Them to Display PM Narendra Modi's Image at Outlets.
From these fuel stations, the average monthly sales for the three Oil Marketing Companies (OMCs) are between 120-130 kilolitre with an average increase in demand on petrol-diesel of around four per cent per annum.
(The above story first appeared on LatestLY on Nov 28, 2018 01:00 PM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website latestly.com).