The government is likely to compensate state-run oil firms — IOC, BPCL, and HPCL — with Rs 30,000–35,000 crore for LPG under-recoveries over the last 15 months. The compensation may be funded through additional revenue from the recent excise duty hike
The Navaratna Public Sector Undertaking has offered to set up the plant with a production capacity of five lakh litres per day with an investment of Rs.1,000 crore.