Diesel price per litre is marginally down by 1 paise on Thursday July 27 in the national capital. Prices made available on the IOCL website, the oil marketing company, showed price fixed at Rs 54.94 per litre. The price on Wednesday was fixed at Rs 54.95 per litre. Pumps and outlets at major state capitals and cities would also be revising their prices soon. Here is an estimated price chart. Actual rates are bound to vary at outlets within the same city.
From June 16, the price of both diesel and petrol will be changed every morning at 6 am. To help consumers, we at Sify.com are bringing you the daily petrol price from all the state capitals updated daily.
With this daily price revision, India has joined the band of select nations like the US and Australia where petrol rates are changed daily. The three state-owned oil marketing companies – Indian Oil, Bharat Petroleum Corporation and Hindustan Petroleum Corporation – rolled-out the daily dynamic pricing mechanism for petrol and diesel from June 16. A ‘proud’ Petroleum and Natural Gas Minister Pradhan had taken to twitter to share the news: “Proud to share that India is first country to switch to dynamic fuel pricing on such a large scale in one go.”