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Nayara says fuel supplies continue across 7,000-plus outlets
The brief
- Nayara said it had imposed no fuel supply restrictions across its retail network
- The statement followed a warning that private retailers could be told to stop supplies
- Fuel availability reassurance may ease concerns for Indian oil retailers and transport operators
- KPI Green Energy shares gain 4% | What’s driving the stock and what lies ahead?
- Centre proposes changes to Petroleum Act, seeks stakeholders' feedback
- KPI Green to buy 507.9 MW wind assets for ₹2,410 crore, lifting capacity to 1.67 GW
- Apraava Energy acquires Raigad transmission project SPV in Maharashtra
- Washington happy to supply India's energy needs
Diesel sales caps at private fuel retailers
Jio-BP and Nayara capped diesel sales at some outlets as crude prices and demand from industrial buyers strained supplies. Government officials said fuel retailers must not restrict sales, and Nayara said supplies continued across its more than 7,000 outlets.
Friday, 2 October
- Nayara says fuel supplies continue across 7,000-plus outlets