The Oil Ministry in the note pointed that Indian Oil, Bharat Petroleum and Hindustan Petroleum together will lose about Rs 1,30,000 crore in revenue this fiscal on selling diesel, domestic LPG and kerosene at government controlled rates.
The three firms are virtually living on borrowed money as they had to raise funds to meet even working capital requirement in the absence of fuel selling price not meeting even operating expenses.
10898
16369
375
699
439
920
196
346
1469
2599
3145
5032
455
500
1799
4999
499
600
11831
27514