Beginning March 15, prices of petrol and diesel were reduced by ₹2 per litre, a move that analysts have said may reduce the annual revenue of OMCs by ₹30,000 crore in 202324 (FY24).
"OMCs have delivered record-breaking profits every quarter in the current financial year (FY24). They have sought to reduce retail prices taking into account their revenue projections in the upcoming quarters. Therefore, the issue of a government grant to help companies does not arise," a petroleum and natural gas ministry official said.
The ₹15,000 capital support for energy transition and net-zero objectives announced in the interim Budget for 2024-25 also won't be used for the same, they added.
この記事は Business Standard の March 20, 2024 版に掲載されています。
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この記事は Business Standard の March 20, 2024 版に掲載されています。
7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。
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