Diesel price for bulk consumers like railways has been hiked by almost a rupee per litre, while the price of Non-subsidised LPG has been cut by Rs 37.50 a cylinder
Diesel price for bulk consumers like railways has been hiked by almost a rupee per litre, while the price of cooking gas (LPG) has been cut by Rs 37.50 a cylinder that consumers buy beyond their quota of subsidised bottles.
Neither the retail prices of diesel sold through petrol pumps nor rates for subsidised LPG cylinders has been changed. The government had in January allowed state-owned oil firms to sell diesel to all consumers taking supplies from their installations at market price.
Pursuant to the decision, oil companies sold diesel to bulk consumers like defence, railways and state road transport corporations at a rate of Rs 58.58 per litre as compared to Rs 48.16 per litre price of the fuel at petrol pumps in Delhi.
Industry sources said the oil firms yesterday hiked the price of diesel for the bulk consumers by 94 paisa, excluding local sales tax or value added tax (VAT). The actual increase for consumers will be up to Rs 1.25 per litre.