Business Standard

Generous fuel station owner sells petrol at pre-hike price

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Press Trust of India Srinagar

Sameer Azad, the owner of Azad Filling Station at Munawarabad locality in the old city here, was moved to make a decision when he saw an old auto-rickshaw driver trying to fill bottles of petrol at the old price, hours after the hike was announced.

"That man was filling petrol in everything he could, even in his water bottle. So I thought I have nothing to lose if I sell my old stock at the old price", Azad said.

Petrol prices were hiked earlier this week by Rs 7.54 per litre forcing people to rush to the refilling station to fill the fuel tanks of their vehicles at the old prices.

 

The old stock at Azad's refilling station were exhausted by 2 PM yesterday, but he decided to sell petrol at the old price for the entire day.

"After exhausting the old stock of 18,000 litres, there were long queues still waiting to get a refill at old prices. So I decided to sell the new stock at the old price for the remainder of the day", Azad said adding he sold a total of 23,240 litres at old price after the hike was announced.

  

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First Published: May 25 2012 | 6:55 PM IST

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