Relaince re-opens fuel retail network across kerala

KOCHI: Reliance Industries Limited (RIL) announced that it has re-opened its extensive fuel retail network across Kerala.

The retail networks were closed before deregulation of pricing.

'With decontrol of petrol pricing, the RIL fuel retail outlets now retail Motor Spirit (Petrol) at price parity with PSUs', a RIL press release said.

"Earlier we were at a disadvantage as RIL was not covered under the Governemnt subsidy. Now, with deregulation of petrol, there is a level playing field and Reliance Petrol will now be sold at the same price as that of the other oil companies', the release said.

If the government announces Diesel deregulation, then diesel would also be available at market rate, it said.