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No under-recovery on petrol now: IOC

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  • Published On: September 16, 2011
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PK Goyal, director finance of IOC, says the firm was losing Rs 15 crore per day on under-recoveries of MS (petrol) but post the price hike there would be no under-recoveries on MS. However, on the other three products – HSD, SK and LPG – the company is losing Rs 263 crore per day.
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