NRL, which unlike other three public sector oil marketing companies, namely Indian Oil (IOC), Bharat Petroleum (BPCL) and Hindustan Petroleum (HPCL), does not enjoy any compensation from the government to offset its losses, had last week taken a decision to revise its retail prices in wake of rising crude oil prices.
The decision has now been put on hold temporarily as it drew flak from various quarters. The dealers and owner of retail outlets feared that if retail prices were hiked then there would be no taker at NRL outlets. The influential All Assam Students Union (AASU) too vented its indignation at the decision of the company.
