Media reports say that private companies' investments into highways in India have taken a beating with the toll dodging practice by some sections of vehicles including those of politicians in the country. Ambulances, fire trucks and the cars of senior government officials are among those exempted from paying tolls, but other drivers often claim a free ride, say an official with GVK Power and Infrastructure.
Tag: private companies
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OMCs to share aviation fuel facilities with Pvt firms
In what could open the aviation turbine fuel (ATF) market for private companies, the State-run oil marketing companies (OMCs) have agreed, in-principle, to share their storage facilities to feed Asia's largest terminal at New Delhi. The decision was taken during a meeting between aviation and petroleum ministries last week, a senior government official said. With this move, private ATF sellers will get overnight access to assets created by government firms, said a senior executive with an OMC.