Power outages catapult Meikles diesel usage

LPG was consumed, marking a 94 percent increase compared to 6,31 million kgs in August 2024. At 12,25 million kgs, LPG use in August was, however, two percent down compared to the July 2024 figure of 12,44 million kgs.

MEIKLES Limited (Meikles)’s diesel consumption grew by 53 percent to 3,12 million litres in 2024 from 2,04 million litres in the prior year primarily driven by persistent power outages which necessitated increased use of diesel-powered generators.The growth in diesel consumption means additional operating costs for the retailer — which also requires huge volumes for its…

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