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RIL to reopen 50 fuel pumps in Gujarat

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Reliance Industries (RIL) has decided to reopen over 50 fuel pumps in Gujarat from tomorrow.

“We are reopening over 50 fuel pumps across Gujarat from July 1. We would sell petrol at price parity with public sector oil companies. Also, we will sell auto LPG (liquefied petroleum gas) at these pumps,” an RIL spokesperson said on Saturday.

A couple of years earlier, the absence of subsidy to private fuel retailing companies had prompted RIL to shut most of its pumps in Gujarat. “Earlier, we were at a disadvantage, as RIL was not covered under government subsidy. Now, there is a level playing field, and petrol at RIL pumps would be sold at the same price as those of PSUs,” the spokesperson said.

He added, “We are also considering selling diesel at these pumps over the next few weeks, once the central government comes out with a decision on diesel subsidy.”

The official said the company had over 60 company-owned, company-operated and dealer-owned, dealer-operated fuel pumps across the state. Of these, about 50 pumps would be opened on July 1.

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Jaguar launches XKR special edition at Rs 1.27 cr

Tata Motors-owned Jaguar today said it has launched the XKR special edition luxury sedan in India, priced at Rs 1.27 crore (ex-showroom, Delhi).

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