Rising consumption fuels oil PSUs' fear of losses
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.
Publication Date:
03/05/2010