New Delhi: The prices of ATF (aviation turbine fuel) or jet fuel was hiked on Sunday by 6 per cent pertaining to soaring international rates. This is for the third time the rates have been increased since August, said media reports.
(ATF) will now cost Rs 53,045 per kilolitre (kl) in Delhi, Rs 3,025 per kl more than Rs 50,020 previously, according to a price hike notification by Indian Oil Corp, the nation’s biggest fuel retailer.
Jet fuel will now cost Rs 53,045 per kl (kilolitre) in Delhi, an increase of Rs 3,025 per kl than Rs 50,020 previously, stated Indian Oil Corp in its price hike notification.
It’s the third consecutive monthly hike in jet fuel price with the last being on September 1, by 4 per cent (Rs 1,910 per kl).
Also, cooking gas (LPG) price was hiked by Rs 1.50 per cylinder in line with the government decision to raise rates every month to eliminate subsidies by March.
A subsidised 14.2-kg LPG cylinder will from Sunday cost Rs 488.68 in Delhi as against Rs 487.18 previously, IOC said.
The hike comes on back of over Rs 7 per cylinder increase effected from September 1.
Oil Minister Dharmendra Pradhan had on July 31 told the Lok Sabha that the government had asked state-run oil firms to raise subsidised cooking gas (LPG) prices by up to Rs 4 per cylinder every month to eliminate all the subsidies by March next year.
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