Automated system on fuel price rings in, pump owners upset

Postpone plan for daily revision of fuel prices or face indefinite strike Dealers’ association

"The dealer has to ensure the implementation of new prices in the dispensing units and thus he has to stay awake to effect price change", he said.

State-run fuel retailers have called petrol pump operators and owners for talks on Monday to discuss their grievances against daily fuel price revision from June 16, even as IndianOil, Bharat Petroleum and HPCL said on Sunday that they have put in place a robust automated system to implement the decision.

The company will be able to centrally change prices at about 10,000 automated petrol pumps, Indian Oil said, adding at the remaining about 16,000 pumps, the dealers will receive the revised prices at a fixed hour of the day through various means including sms, email, mobile app and website.

The decision came in the wake of the successful pilot project, launched by state-owned petroleum companies, in five cities across the country - Puducherry, Visakhapatnam, Udaipur, Jamshedpur and Chandigarh.

"One tank lorry of 18 kilolitres lasts most of such small dealers 7 to 10 days".

To allay fears of dealers, Indian Oil said it would provide extensive training to dealers for a smooth transition. "In the event of no favorable response to drop this draconian decision, then they can go on an indefinite "No Purchase No Sale" from June 24, till such time this decision is annulled", Ashok Badhwar, president of FAIPT said in a statement. These means of communication will also be available to dealers of automated petrol pumps.

"Dealers will ensure price updation at their fuel stations before start of sale, every day".

Also, there are dealerships where a tank lorry takes two to three days to reach the petrol pump and in such cases there is a strong possibility that by the time the tank lorry reaches the retail outlet its price might have already reduced leaving the dealer to suffer losses. "Therefore, the Federation of All India Petroleum Traders pleads that system of daily revision of petrol prices should be dropped", Badhwar said in a statement.

Related news:

Hot News

Qatar, in regional crisis, hires former US attorney general
Jun 12, 2017 - 06:24
Iranian officials said Sunday that tonnes of vegetables had been sent from Iran to Qatar since the measures were taken against it. This will come as a relief to the more than 11,000 people from Saudi Arabia , the UAE and Bahrain living in Qatar .

Trump accuses Comey of lying under oath in fiery news conference
Jun 12, 2017 - 06:24
During an interview with Fox News, Donald Trump Jr expressed disbelief that Mr Comey felt "threatened" by his conversation with the President before he was sacked .

isis-killer-beheading-video-story-top Spate of arrests in Iran following terrorist attacks
Jun 12, 2017 - 06:22
The photo shows the scene outside the Iranian parliament in the capital Tehran on June 7, 2017 during an attack on the complex. He added that the eight were accused of having provided backup for the five terrorists who carried out the attacks in Tehran.

isis-killer-beheading-video-story-top First death sentence handed to man for blasphemy on social media
Jun 12, 2017 - 06:20
Blasphemy has been a contentious issue in the country where people have been murdered over allegations of sacrilege. A 30-year-old Muslim man has been sentenced to death for posting "blasphemous" content on Facebook in Pakistan.

New York Times sources say Uber discussing leave for CEO
Jun 12, 2017 - 06:17
Uber Technologies' chief business officer, Emil Michael , may leave the company within days, NBC News reported, citing a source. Congress is considering an investigation into Uber's tracking practices following complaints from consumer groups.

Statehood wins questioned Puerto Rico referendum
Jun 12, 2017 - 06:16
If the votes sway in favor of joining the US , the measure is still likely to face a tumultuous road ahead in Congress. The critical backdrop to the ballot: is $70 billion of debt, a shrinking population and unemployment near 12 percent.

isis-killer-beheading-video-story-top Cavs Win with Khloe, Kourtney, Kris Courtside
Jun 12, 2017 - 06:16
However, with the Kardashian ladies present, Tristan had a stellar night. "I don't know her or her family, but I do know this". Other members of the Kardashian family were also there, including Kourtney and Kris Jenner .

isis-killer-beheading-video-story-top Original Xbox Games Coming To Xbox One Backward Compatibility
Jun 12, 2017 - 06:15
Very Little in truth, but there are some things we can discern from the Digital Foundry Xbox Scorpio reveal earlier this year . Even humble games like Minecraft are getting the 4K treatment , as well as a host of updates besides.

isis-killer-beheading-video-story-top England defeats Venezuela to win U20 World Cup
Jun 12, 2017 - 06:15
The BBC secured coverage of the match, which was originally only to be available on Eurosport, at a late stage. The final was shown live on BBC2 as the broadcaster recognised the achievement and altering their schedules.

isis-killer-beheading-video-story-top Britain's May to form new government with Northern Irish party
Jun 12, 2017 - 06:15
May said this week that she would consider rewriting human rights legislation if it gets in the way of tackling extremism. Corbyn and other Labour leaders, during the waning days of the campaign, questioned May's ability to handle the attacks.

Lugo shines in season debut, Mets beat Braves 2-1
Jun 12, 2017 - 06:14
The Freeze debuted this year, and judging by his Twitter account , he's only lost once, in his very first race on May 19. It was the fifth consecutive quality start for Garcia, who has 1-3 record in the stretch despite a 1.49 ERA.

Sessions to testify before Senate intelligence panel
Jun 12, 2017 - 06:14
Comey also has said Sessions did not respond when he complained he didn't "want to get time alone with the president again". Sessions had been scheduled to discuss the Justice Department budget before a Senate panel chaired by Shelby.

isis-killer-beheading-video-story-top Qatar says Gulf citizens can stay despite crisis
Jun 12, 2017 - 06:12
Bush, has been tapped to guide Qatar amid a diplomatic crisis, according to public filings with the Department of Justice. John Ashcroft, the former USA senator and the US attorney general under President George W.

Trump accuses ex-FBI director Comey of cowardice over 'leaks'
Jun 12, 2017 - 06:10
When asked if the former Federal Bureau of Investigation director was lying then, the president said, "Well, I didn't say that. There's no, "Hey I'm hoping". "Release all the tapes - I'm good with it".

isis-killer-beheading-video-story-top Mahrez has 'nothing on the table' amid Arsenal and Barcelona transfer talk
Jun 12, 2017 - 06:10
The French club is determined to return to the summit of their league, but the defence remains a work in progress. Barcelona have assured former player of the year Mahrez that they are impressed by him.