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Petrol, Diesel Prices Will Go Up From April 1 As IOC Pumps Will Now Sell BS-VI Fuel

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Petrol, Diesel Prices Will Go Up From April 1 As IOC Pumps Will Now Sell BS-VI Fuel

Petrol and diesel prices will go up from April 1, the national oil marketer Indian Oil Corporation (IOC) said on Friday, as it is set to supply BS-VI fuel with low emissions by the said date. Company chairman Sanjeev Singh told reporters that the largest oil supplier has spent Rs 17,000 crore to upgrade its refineries.

Without disclosing the amount of the price increase, Singh said, ‘There will definitely be a slight increase in the retail prices of fuel from 1 April when the entire country will run on new fuels, with sulfur amounting to only 10 million (ppm). Compared to the current 50 ppm.

Singh said, “I assure you, we will not burden consumers. ”

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He said, Government Oil Marketing Companies (OMCs) have invested Rs 35,000 crore to upgrade their refineries, of which Rs 17,000 crore has been spent by IOC alone.

Earlier this week, BPCL’s sell-off said it had invested around Rs 7,000 crore for it. HPCL, operated by ONGC, has not yet disclosed its readiness for BS-VI supply or its CAPEX on the same.

HPCL said from 26-27 February that it is ready with BS-VI fuel and will be selling only new fuel from 1 March.

Singh said that the IOC started BS-VI fuel production a fortnight ago and now all its depots and containers are ready.

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However, he said it would take some more time to switch to some remote locations, where intake is very low. But the company plans to phase out the entire BS-IV stock and replenish new fuel at such locations.

In addition, it is reported that companies will have to increase prices by 70–120 paise per liter, but Singh said, to reach such a weighted average is not possible given the complexities of each refinery.-7

However, he stressed that price increases will not be a burden on consumers.

We are not returning this investment on a pure investment basis, but it is a national mandate and we have done it.

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Having said that, all those countries that moved to low-emission fuels are charging higher prices; And from April 1, our prices will be benchmarked against Euro VI prices, as opposed to the current practice of cost-plus models, Singh concluded.

Also Read: 123 FIR’S, 630 PEOPLE ARRESTED OR DETAINED TILL DATE FOR DELHI RIOTS

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$92.8 million

Akshay Kumar wishes director Priyadarshan on birthday with Bhooth Bangla BTS pic: ‘Surrounded by ghosts…

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Akshay Kumar wishes director Priyadarshan on birthday with Bhooth Bangla BTS pic: ‘Surrounded by ghosts…

Akshay Kumar and Priyadarshan, the acclaimed Indian director, celebrated their 68th birthday on Instagram. Kumar, who has worked with Priyadarshan on several cult comedies of the early 2000s, wished him a happy birthday and called him a mentor. The duo is now back together for their upcoming horror-comedy, Bhooth Bangla.

The first poster of the movie has been released, and it is expected to hit theaters in 2025. Akshay Kumar wore a black fedora and a green jacket, layered over a black tee, and fans have expressed their excitement for their new movie.

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The duo’s dynamic and deep bonding have been praised by fans, who have expressed high anticipation for their new movie. The first poster of Bhooth Bangla has already been released, and the movie is expected to hit theaters in 2025.

Akshay Kumar, the versatile Bollywood actor, recently celebrated director Priyadarshan’s birthday by sharing a behind-the-scenes (BTS) photograph from their upcoming film, “Bhooth Bangla.” In the image, Akshay humorously captioned, “Surrounded by ghosts…” The photo features Akshay alongside Priyadarshan and co-actor Paresh Rawal, all dressed in traditional attire, with a black cat perched on Akshay’s shoulder, adding a whimsical touch to the scene.

Reunion After 14 Years

This collaboration marks a significant reunion between Akshay Kumar and Priyadarshan, who last worked together on the film “Bhool Bhulaiyaa” in 2007. Their partnership has been celebrated in the past for delivering successful comedies like “Hera Pheri” and “Garam Masala.” Fans have eagerly anticipated their return to the big screen together, and “Bhooth Bangla” promises to be a delightful addition to their repertoire.

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About ‘Bhooth Bangla’

“Bhooth Bangla” is a horror-comedy that blends elements of suspense with humor, a genre in which both Akshay Kumar and Priyadarshan have excelled. The film is produced by Balaji Telefilms Ltd in association with Cape of Good Films. The motion poster released earlier this year features Akshay Kumar in a suit, with a cat on his shoulder, licking milk slyly, setting the tone for the film’s intriguing and humorous premise.

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Anticipation and Fan Reactions

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The BTS photo shared by Akshay Kumar has generated excitement among fans, who are eager to see the trio back together on screen. The playful caption and the presence of the black cat suggest that “Bhooth Bangla” will offer a mix of thrills and laughs, staying true to the successful formula of their previous collaborations.

As the release date for “Bhooth Bangla be a significant highlight in the upcoming entertainment lineup. The reunion of Akshay Kumar, Priyadarshan, and Paresh Rawal, combined with the intriguing premise and the playful BTS moments, has set high expectations among audiences. Fans can look forward to a cinematic experience that promises both chills and chuckles.

For a visual glimpse into the making of “Bhooth Bangla,” you can watch the following video Akshay Kumar expressed his gratitude as they once again united for their upcoming movie Bhooth Bangla. This marks a new chapter in their long-standing collaboration since the 2000s. He shared a picture from behind the scenes of their new movie, where it seems like they are laughing about something.

Akshay wrote,”Happy Birthday, Priyan Sir! What better way to celebrate than by spending the day on a haunted set, surrounded by ghosts…both real and unpaid extras? Thank you for being a mentor, and the only person who can make chaos look like a masterpiece. May your day be filled with fewer retakes. Wishing you a fantastic year ahead!”

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