Numaligarh Refinery evaluates re-entering fuel retail biz via petrol pumps

Development follows govt's move to make BPCL shed stake in Assam Accord refinery (as NRL is popularly called). The stake was recently picked up by fellow PSUs Oil India and Engineers India

Numaligarh Refinery (NRL) is currently evaluating a re-entry into the fuel retailing business through petrol pumps. The development follows the centre’s decision to make Bharat Petroleum Corporation (BPCL), shed its stake in the Assam Accord refinery (as NRL is popularly called). BPCL’s stake in NRL was recently picked up by fellow public sector undertakings Oil India (OIL) and Engineers India (EIL).

“Since the promoters have changed and OIL is not in the business of fuel