Oil companies move appeal in HC challenging interim order on fuel price for KSRTC

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Kochi: As giving another blow to KSRTC, the oil companies have filed an appeal in the high court against the single bench's interim order to provide diesel to KSRTC at the market rate. The division bench will consider the appeal against the single bench order on Tuesday. The appeal filed by Indian Oil Corporation and BPCL claims that KSRTC's petition will not legally exist.

The interim order passed by the high court said that KSRTC should also be provided fuel at the same rate as retail outlets. HC observed drawbacks in fixing the high rate for KSRTC as a bulk purchaser.

Earlier, the fuel companies had decided to charge higher rates to KSRTC as a bulk purchaser. KSRTC had approached the High Court after the companies supplied diesel at an extra rate of Rs 20 per litre which is more than the market rate.

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