Several petroleum dealers in Anantapur are supplying diesel to the Andhra Pradesh State Road Transport Corporation (APSRTC) at a “competitive price” by quoting the lowest bid at the depot level.
While the refining companies give ₹2.15 per litre as commission to the petrol pump owner, a few of them are bidding at ₹3 or ₹4 per litre less than the consumer price, allege a few dealers, saying there is more to it than meets the eye.
The APSRTC switched over to buying diesel from the local dealers at “competitive” price after the petroleum companies increased the price for bulk consumers from March 2022.