Insta
A fuel station run by HPCL
State-run Hindustan Petroleum Corporation Limited (HPCL) chairman Mukesh Kumar Surana has said that the oil PSU has seen an increase in the fuel demand and expects it to reach pre-Covid levels by the end of this quarter, reports Economic Times.
The HPCL chairman said that the petrol demand was already at the pre-Covid levels and that the demand for diesel will rise to those levels by December.
“Petrol demand is already at pre-Covid levels; diesel demand is expected to reach those levels by the end of the current quarter. Diesel demand in this month, so far, is higher than the same period last year,” Surana was quoted as saying.
It should be noted that after the imposition of the nationwide lockdown due to Coronavirus pandemic, the demand for petrol and diesel saw a significant contraction as less number of vehicles were plying on the roads owing to Covid related restrictions.
However, with the phased easing of restrictions, the demand for fuel is rising across the country.
Surana further said that sales have been picking up on a monthly basis and if compared on year-on-year basis, things were coming back on track.
Support Swarajya's 50 Ground Reports Project & Sponsor A Story
Every general election Swarajya does a 50 ground reports project.
Aimed only at serious readers and those who appreciate the nuances of political undercurrents, the project provides a sense of India's electoral landscape. As you know, these reports are produced after considerable investment of travel, time and effort on the ground.
This time too we've kicked off the project in style and have covered over 30 constituencies already. If you're someone who appreciates such work and have enjoyed our coverage please consider sponsoring a ground report for just Rs 2999 to Rs 19,999 - it goes a long way in helping us produce more quality reportage.
You can also back this project by becoming a subscriber for as little as Rs 999 - so do click on this links and choose a plan that suits you and back us.
Click below to contribute.
Latest