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The Economic Times
The Economic Times
Business

OMCs back interim LPG distributors' commission hike; ministry approval awaited: AIHPGDA

LPG OMCs IOCL Mumbai OMC Petroleum

New Delhi: Oil marketing companies (OMCs), including Indian Oil Corporation (IOCL), Bharat Petroleum Corporation (BPCL) and Hindustan Petroleum Corporation (HPCL), have agreed to jointly recommend an interim increase in LPG distributors' commission, even as proposals for a commission revision await approval from the Ministry of Petroleum and Natural Gas, according to a statement by the All India HP Gas Distributors Association (AIHPGDA).

In a communication dated October 22, AIHPGDA President Rajendra B said the assurance came during a bipartite meeting held on October 21 at IOCL's head office in Mumbai, attended by marketing directors, executive directors and senior officials of the three OMCs, along with representatives of LPG distributor associations.

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