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    <title>Punjab Transport dept, IOC sign pact for diesel at discounted rate</title>
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    <description>A Memorandum of Understanding between the Punjab Transport department (Punbus) and Indian Oil Corporation raises the diesel discount to Rs 2,550 per kilo litre, replacing the prior arrangement, and is projected to save Punjab Roadways Rs 9 crore per annum; a similar MoU with the Punjab Road Transport Corporation would double annual savings to Rs 18 crore and reach Rs 90 crore over five years.</description>
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