Petrol price increased by Rs2.61 per litre


Petrol will now be available for Rs116.60 per litre, light diesel Rs84.51 per litre and kerosene will now be sold at Rs99.45 per litre.

State-run oil marketing companies on Tuesday increased the price of petrol by 10 paise in Delhi, Mumbai and Chennai and nine paise per litre in Kolkata.

Apart from the consumer fuels, the prices of aircraft fuels too have been raised, which will have cost impact of civil aviation as well as the aircrafts of armed forces including helicopters.

The decision to increase the power rate has been worked out in terms of fuel adjustment charges for 11 quarters or 33 months by the National Electric Power Regulatory Authority (Nepra), as the matter was pending due to a court case.

The revised prices will take effect from 12am on January 1.

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The government is now charging 17% general sales tax (GST) on all petroleum products.

Federal govt. has increased the petrol price by Rs2.61.

From the month of January, the government will be charging 17 per cent general sales tax (GST) on all petroleum products.

The Department of Mineral Resources and Energy has announced a drop in the petrol price, which will see a litre of 93 (ULP and LRP) come down by 4 cents. For December 2019, the Ogra had notified LPG price at Rs1,513.69/cylinder or Rs128.27/kg. "The electricity price has been increased from Rs12.81 to Rs17.69 per unit, a rise of around Rs4.8 per unit", a Nepra official said.