Petrol, diesel prices hiked by 80 paise; total rise at Rs 9.20 per litre

This is the 13th increase in prices since the ending of a four-and-half-month long hiatus in rate revision on March 22.

With fuel prices being hiked for the 13th time over the past two weeks, the rate of petrol in Parbhani district in Maharashtra reached Rs 122.67 a litre on Tuesday, one of the highest prices in the country, mainly due to the higher transportation cost.

Petrol and diesel prices were on Tuesday hiked by 80 paise a litre each, taking the total increase in rates in the past two weeks to Rs 9.20 per litre.

In Delhi, petrol will now cost Rs 104.61 per litre as against Rs 103.81 previously, while diesel rates have gone up from Rs 95.07 per litre to Rs 95.87, according to a price notification of state fuel retailers.

The steep rise in Parbhani is also attributed to the long distance of over 400 km between Parbhani city located in the Marathwada region and the fuel depot at Manmad in the Nashik district in north Maharashtra, a petrol dealer said.

“The cost of fuel in Parbhani (district) is high due to the long distance between the Panewadi fuel depot at Manmad in Nashik district and Parbhani city," Parbhani Petrol Dealers Association president Amol Bhedsurkar told PTI on Tuesday.

He said the round trip distance for a tanker transporting fuel to Parbhani from the Panewadi-based depot in Manmad is nearly 730 km. “The fuel transportation cost for Parbhani is nearly Rs 2.07 per litre. The overall cost runs into Rs 24,000 for operating a fuel tanker on the Manmad-Parbhani-Manmad trip,” he said.