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Construction : Project Update | May 2016 | Source : CW-India

PSU oil firms to open fuel stations

State-owned oil companies will spend Rs 2,500 crore to open about 3,100 fuel stations this financial year, as rivals from the private sector step on the gas. According to reports, the full impact of diesel price deregulation, which was introduced in October 2014, will be seen this fiscal, and they have already introduced measures to take on competition.
 
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