PSUs pay less than market price for Jamnagar petrol

Vol 7, PW 2 (07 Apr 03) Midstream & Downstream
     

RELIANCE IS also angry over the price Indian state refiners pay it for petrol and diesel from Jamnagar. According to Reliance, offtake agreements signed with IOC, HPCL and BPCL compel them to revise petrol and diesel refinery transfer prices every two weeks in line with market fluctuations....