Fuel sales rally in Telangana after dip

For last one week, daily fuel consumption in State has bounced back to 70% after dropping 90%

By Author  |  Published: 1st Jun 2020  12:35 amUpdated: 1st Jun 2020  12:39 am
During lockdown, the fuel supply fell to 10 lakh litres from 1.3 crore litres a day. — Photo: Anand Dharmana

Hyderabad: With relaxations coming in for the lockdown and vehicles returning to the roads, the petroleum industry in the State, which registered a drop in sales of 90 per cent, has got a much needed boost.

In the last one week, fuel sales shot up by 70 per cent as vehicles of all sorts, ranging from private cars and goods trucks to auto-rickshaws and cabs, returned to the roads. According to the Telangana Petroleum Dealers Association, before the lockdown, the petroleum industry used to supply around 1.3 crore litres of fuel in 650 tankers daily in the State.

“Out of 650 tankers, 200 tankers were petrol tankers while 450 supplied diesel. As Telangana has a vehicle population of over one crore, there was a good consumption of fuel across all parts of the State, particularly in the Greater Hyderabad region,” dealers said.

However, during the lockdown, the supply of fuel fell to 10 lakh litres in 50 tankers daily. “For the last one week, the daily fuel consumption in State has climbed back to around 80 lakh litres in 400 tankers, which include 120 tankers of petrol and 280 tankers of diesel,” Association president Rajiv Amaram said.

He said that once employees return to their workplace and schools and colleges reopen, the fuel consumption would further go up. “Closure of State borders and night curfew are also among reasons for the drop in fuel sales,” he said.

At present, the State has over 1,700 petrol bunks which get fuel from Hindustan Petroleum Corporation Limited terminals in Ghatkesar and Suryapet and the Indian Oil Corporation and Bharat Petroleum Corporation Limited terminals in Cherlapally.

Fuel prices unchanged

For the first time after the dynamic pricing system came into effect, fuel prices remain unchanged for two and half months. Beginning from March 16, the cost of petrol was Rs 73.97 a litre while diesel was Rs 67.82 and prices were same till May 30.

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