Panic buying over alleged fuel shortages has caused long queues at petrol bunks and auto LPG stations across Hyderabad. Citizens and autorickshaw drivers face delays, while families struggle to manage school commutes despite government assurances of adequate supplies
Auto LPG price hikes in Hyderabad, allegedly due to overcharging by gas stations citing shortage, are forcing auto drivers to increase fares, impacting commuters, schoolchildren, and daily passengers as waiting times and operational costs rise significantly.
A sudden surge in panic bookings of LPG cylinders in Hyderabad has extended delivery timelines from one day to nearly three. The Greater Hyderabad Gas Distributors Association (GHGDA) clarified that the backlog is due to artificial demand, not an actual shortage.
Hyderabad-based Axiom Gas Engineering Limited, engaged in the distribution and retailing of Auto LPG under its flagship brand PrimeFuel, has announced plans to launch its Initial Public Offering (IPO) later this month.
