ERODE: An academician-turned-entrepreneur in Erode has claimed to have made a device intended to improve fuel efficiency of petrol cars by about 15 per cent on normal road conditions.

S. Nehru, who worked as a faculty in a private polytechnic college, converted his idea into a product at the Technology Business Incubator at Kongu Engineering College here.

Technology

An Empowered Group of Ministers (EGoM) on fuel pricing is likely to meet after the current Parliament session to discuss freeing petrol, diesel and cooking fuel prices from the government control.

At present, petrol was sold at a discount of Rs 6.63 a litre and diesel at a deficit of Rs 6.25 per litre, an oil ministry official said here.

Ajay Modi / New Delhi May 3, 2010, 0:35 IST

Rising losses due to sale of fuel products like petrol and diesel at government-controlled prices is not the only concern for public sector oil marketing companies (OMCs). These companies are faced with a sharply rising petrol and diesel consumption in tune with the economic recovery and improving industrial activity.

Three and a half years after the government set up a regulator for the downstream petroleum and natural gas sector, it still insists on fixing product prices, violating the statute, says Mukesh Kacker

LUCKNOW: Petrol and diesel will get dearer for people in Lucknow, Kanpur and Agra from April 1, 2010. While petrol will cost 50 to 53 paise more per litre, diesel will be costlier by 27 to 30 paise more.

Sujay Mehdudia

NEW DELHI: As the country prepares to switch over to the Euro IV standard fuel regime from April 1, 2010, petrol prices in Delhi and Mumbai and 12 other metro cities are likely to be increased by Rs.0.41 a litre and diesel by Rs.0.26 a litre from the same day, Petroleum Secretary S. Sundareshan said on Wednesday.

New Delhi: Consumers will have to fork out up to 40 paise a litre more for motor fuels in 13 cities that will upgrade to Euro-IV quality. Petroleum secretary S Sundareshan on Monday confirmed that the government was considering a differential pricing for Euro-IV petrol and diesel but declined to say by how much the prices would be higher from Euro-III fuels being sold now.