India to Ask Private Fuel Retailers to End Rationing
OIL & GAS

India to Ask Private Fuel Retailers to End Rationing

India will ask private fuel retailers to stop rationing diesel and gasoline sales, Oil Secretary Neeraj Mittal said on Thursday. He said the government’s position was that no retailer was permitted to cap fuel sales, and the companies would be told that such restrictions were unacceptable.

Mittal said the government had already issued instructions to fuel retailers on the matter. He added that its position remained unchanged, indicating that private operators were expected to maintain fuel availability at their service stations.

Reliance Industries and Nayara Energy have restricted diesel and gasoline sales at their service stations, according to a Reuters report. The companies have taken the step to limit losses arising from the sale of fuels at prices below market rates.

The restrictions come as India continues to hold retail diesel and gasoline prices steady despite a rise in global oil prices. The country has not revised retail rates for either fuel since May, according to the report.

State-run fuel retailers are losing about Rs. 50 per litre on diesel sales, company officials said. The reported losses reflect the difference between current retail prices and the higher costs associated with obtaining fuel in an environment of rising international oil prices.

India will ask private fuel retailers to stop rationing diesel and gasoline sales, Oil Secretary Neeraj Mittal said on Thursday. He said the government’s position was that no retailer was permitted to cap fuel sales, and the companies would be told that such restrictions were unacceptable. Mittal said the government had already issued instructions to fuel retailers on the matter. He added that its position remained unchanged, indicating that private operators were expected to maintain fuel availability at their service stations. Reliance Industries and Nayara Energy have restricted diesel and gasoline sales at their service stations, according to a Reuters report. The companies have taken the step to limit losses arising from the sale of fuels at prices below market rates. The restrictions come as India continues to hold retail diesel and gasoline prices steady despite a rise in global oil prices. The country has not revised retail rates for either fuel since May, according to the report. State-run fuel retailers are losing about Rs. 50 per litre on diesel sales, company officials said. The reported losses reflect the difference between current retail prices and the higher costs associated with obtaining fuel in an environment of rising international oil prices.

Related Stories

Gold Stories

Next Story
Technology

Where Infrastructure Meets Intelligence: Inside Bentley's Year inc

Oct 28, 2026  @Tanveer PadodeA first-hand account of Bentley’s 2026 awards, where AI, digital twins and engineering innovation are reshaping infrastructure delivery.- By Tanveer Padode, CEO, IMPACCT: A first-hand account of Bentley’s 2026 awards, where AI, digital twins and engineering innovation are reshaping infrastructure delivery.Two days in SingaporeConstruction is won or lost in two places: how a project is designed and how it is delivered. Technology has promised to improve both for years, and the question I carried into Bentley's Year in Infrastructure, held at the Fairmont Si..

Next Story
Infrastructure Transport

Vaishnaw Inaugurates Two Rail Sections in Madhya Pradesh

Railway Minister Ashwini Vaishnaw on October 24 inaugurated the Satna-Devendranagar and Rewa-Churhat rail sections under the Lalitpur-Singrauli Railway Project in Madhya Pradesh. He also flagged off the new Devendranagar-Churhat passenger train service through video conferencing. Chief Minister Dr Mohan Yadav attended the event. The new Rewa-Churhat railway line, which extends approximately 65 km, was built at a cost of over Rs. 10 bn. The 53 km Satna-Devendranagar line was constructed at a cost of over Rs. 8 bn. The passenger service is expected to provide improved rail access to residents in..

Next Story
Infrastructure Transport

Railways Minister to Inaugurate New Rail Sections Covering 118 km

Railways Minister Ashwini Vaishnaw will inaugurate the Satna-Devendra Nagar and Rewa-Churhat rail sections in Madhya Pradesh on October 24. The two sections have a combined length of 118 km and are intended to improve passenger and freight connectivity across the region. Vaishnaw will also flag off a new train service between Devendra Nagar and Churhat. Madhya Pradesh Chief Minister Mohan Yadav will attend the inauguration programme, according to information released by the Ministry of Railways. The 53-km Satna-Devendra Nagar section is expected to improve rail access to Satna, Nagod, Devendra..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code