Indian Oil Corporation in Finance Ministry approves compensation for LPG under-recoveries.
As Indian Oil Corporation (IOC) accounts for 50% of the total LPG under-recovery with ₹8,870 crore for FY25, the firm will be the biggest beneficiary if the Finance Ministry approves compensation for LPG under-recovery. How much under-recovery of HPCL and BPCL Hindustan Petroleum Corporation Limited (HPCL)’s under-recovery in the first …