According to sources in the finance ministry, during a recent meeting, the Department of Revenue even indicated that there is still some headroom for the government to increase petroleum taxes.
The explosion that took place on October 7 had caused extensive damage to commercial and residential properties.
Diesel prices have stayed at the same level since last October 3, completing 11 days when the fuel did not see any revision.
Meanwhile, IOCL officials have shared some documents with Commissionerate Police as part of the investigation.
The body of Simanchal is yet to be traced and from the mutilated body parts traced after the blast, he is believed to have died.
PESO officials to question one of the injured persons to ascertain details of the blast
ONGC chairman Shashi Shanker said that HPCL sells more fuel than it actually produces at its refineries.
The IOCL has two auto LPG facilities in the city including the Raj Bhawan Square Filling Station.
Simanchal’s relative Manmaya and sister Manjula are running from one hospital to another looking for the technician.
Of the 10 injured persons initially rushed to Capital Hospital here, two were shifted to SCB MCH after their condition deteriorated on Wednesday evening.
The explosion was followed by a huge fire at the spot and firefighters and disaster rapid action force rushed to the spot to control the situation.
Diesel sales continue to be in the negative territory, with demand falling 7 per cent year-on-year though the demand was 22 per cent higher over August 2020.
The government had first invited bids by May 2, which was then extended till June 13, and to July 31 in the second extension and to September 30 in the third instance.
The approval to Bharat PetroResources investing its share of the USD 24 billion cost of developing the gas fields in the Rovuma Area-1 Offshore Block came with the notice of probe.
The government’s decision drew flak from the AP Lorry Owners Association (APLOA).