Business / Diesel Prices Hike in Maharashtra Diesel prices breach Rs 100 mark in Parbhani

Business | After Petrel, now Diesel has also scored a century. The price of diesel in Maharashtra has crossed Rs 100. An official of the Local Fuel Pump Association said that on Tuesday, the price of diesel crossed Rs 100 in Parbhani, Maharashtra.

In Parbhani, diesel was sold at Rs 100.70 per liter in diesel, while petrol was being sold at Rs 118.07. He said that the prices of diesel and petrol have been increased by 70 paise and 80 paise respectively.

Why is diesel selling expensive in Parbhani?

President of Parbhani Petrol Dealers Association, Amol Bhedsurkar told PTI, "The cost of fuel in Parbhani is high as it is brought here from Manmad depot, which is more than 340 km away. We have decided to set up a depot in Aurangabad. Due to which the fuel prices will come down by Rs 2 per litre. He said that if fuel is brought under GST then people will get maximum relief.

'Century' of petrol in Delhi

The trend of increase in the price of petrol and diesel continued on Tuesday as well. With a further increase of 80 paise per liter in petrol, it has crossed Rs 100 a liter in most state capitals. At the same time, the price of diesel has been increased by 70 paise a liter.

According to the price notification of public sector petroleum marketing companies, the price of petrol in the national capital Delhi has now increased from Rs 99.41 per liter to Rs 100.21 per liter and diesel from Rs 90.77 per liter to Rs 91.47 per liter. Petrol and diesel prices have increased across the country, but their prices vary from state to state depending on local taxes.

Petrol prices in Mumbai, Chennai and Kolkata have already crossed Rs 100 per liter. In most of the state capitals, petrol has crossed the 'century' mark. Earlier, the price of petrol in the national capital Delhi had crossed Rs 100 a liter on July 7, 2021 and had reached an all-time high of Rs 110.04. Then on November 4, the Narendra Modi government had cut excise duty on vehicle fuel.

Petrol and diesel prices were raised on March 22 after remaining stable for a record 137 days. Prices have been raised for the seventh time since then. After this increase, the price of petrol in Mumbai reached Rs 115.04 a liter while in Chennai it reached Rs 105.94 and in Kolkata it reached Rs 109.68 a liter.