The major business firm in India, Reliance is entering the global standard by offering diesel to meet the Euro IV compliance. Thus the flaw made in 2005 by way of delayed entry to Euro III compliance has been ratified. Reliance becomes the first private sector to launch this fuel this time as 25000 tonnes of Euro-IV grade diesel reached the HPCL. Reliance has now started producing higher grade of petrol which will facilitate the oil companies to be confident of supplying Euro-IV diesel uninterrupted.
Reliance could ascertain its supply but not the exact amount of fuel, as a trade confidentiality. In the meantime, IOC and BPCL have initiated tender for importing 120000 tonnes and 60000 tonnes of Euro-IV diesel respectively. The move is to meet the government policy of switching to Euro-IV fuel in 13 cities from this April while the other parts of the country will get Euro-III fuel. The implementation of the latter policy is to be made on phase from April 1 –October1.