New Delhi: India on Wednesday joined a select league of nations having the world's cleanest petrol and diesel as oil companies rolled out Euro-VI emission compliant fuels without either disruption or a price increase.
Leapfrogging from BSIV grade fuel straight to BS-VI grade, equivalent to Euro-VI fuel, petrol and diesel would have resulted in an up to Re 1 per litre increase in cost but oil companies decided against passing this on to consumers and instead adjusted it against the reduction warranted from international oil prices plummeting to a 17-year low.
"We are today 100 per cent supplying BS-VI petrol and diesel. All the over 68,700 petrol pumps in the country are selling the cleaner fuel from today," said Sanjiv Singh, Chairman, Indian Oil Corp (IOC) - the firm that controls roughly half of the market.
