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IOC under-recovery to touch Rs 80,000 cr in FY10: S V Narasimhan

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  • Published On: March 07, 2011
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S V Narasimhan, director – finance at IOC, says the spurt in crude prices the gross under recoveries are expected to be around Rs 80,000 crore in FY10-11. IOC is currently losing Rs 4.03 per litre on the sale of petrol.

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