New Delhi: The prices of aviation fuel (ATF) have been increased by five percent. At the same time, the price of 19 kg LPG cylinder for commercial use has been increased by Rs 209. Petroleum companies have taken this step amid rising international prices. However, the price of domestic use LPG cylinder (14.2 kg) has been maintained at Rs 903.
According to the notification issued by public sector petroleum companies on Sunday, the price of Aviation Turbine Fuel (ATF) has been increased by Rs 5,779.84 per kiloliter or 5.1 percent to Rs 1,18,199.17 from Rs 1,12,419.33. Earlier on September 1, the biggest increase in aviation fuel prices was 14.1 percent. At that time the price of ATF had increased by Rs 13,911.07 per kilolitre.
Earlier on August 1, the price of aviation fuel was increased by 8.5 percent or Rs 7,728.38 per kiloliter. It is noteworthy that this is the fourth consecutive increase in aviation fuel price. ATF accounts for 40 percent of an airline’s operating costs. On July 1, ATF prices had increased by 1.65 percent or Rs 1,476.79 per kilolitre.
Jet fuel prices have increased by a record Rs 29,391.08 per kiloliter in four times. Along with this, petroleum companies have increased the price of commercial LPG by Rs 209 per cylinder. This 19 kg cylinder is used in hotels and restaurants. The price of commercial LPG in the national capital has now increased to Rs 1,731.50 per cylinder. Whereas in Mumbai it will be Rs 1,684 per cylinder. Earlier, the price of commercial LPG was reduced by Rs 157.5 on September 1 and by Rs 100 on August 1.
Public sector companies…Indian Oil Corporation (IOC), Bharat Petroleum Corporation Limited (BPCL) and Hindustan Petroleum Corporation Limited (HPCL) revise the prices of LPG and ATF on the 1st of every month based on the average international price of the previous month. Do it. Petrol and diesel prices remained stable for the 18th consecutive month. The price of petrol in the national capital is Rs 96.72 per liter and diesel is Rs 89.62 per liter.