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Cleaner Petrol, Diesel to Cost More from April 1

  •   Wed, Mar 24 2010 02:35:59 PM

New Delhi, March 24 (IANS) Cleaner -- but costlier -- Euro-IV standard petrol and diesel will be available from April 1 in 13 cities across the country, Petroleum Secretary S. Sundareshan said here Wednesday.

At a function to mark the launch of the cleaner fuel, he said: "From April 1, Euro-IV standard fuel will be available in 13 cities in India". These cities will include Delhi, Mumbai, Kolkata, Chennai, Hyderabad and Bangalore.

Sundareshan noted that the oil firms had made an investment of over Rs.40,000 crore to upgrade their refineries to produce the cleaner grade of petrol and diesel. This was likely to be onpassed to the consumer, he indicated.

The secretary said the Euro-IV petrol will cost 46 paise per litre more than Euro-III, while Euro-IV diesel will be 26 paise costlier.

Sundareshan added that oil firms were already facing a loss of Rs.70,000 crore this year as auto fuels and cooking gas were sold at highly subsidized rates.

  

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Comment on this article

  • Joseph F. Gonsalves, Bannur, Puttur/ Mangalore

    Wed, Mar 24 2010

    The greatest development of bjp is passing of cow slaughter bill in the Karnataka assembly. Prices are increased for all the meat products in the state and for this development communal minded people jumped to celebrate dancing and praising to Mr.Yeddyurappa like mad people a person who was accused of murdering his own wife.

    DisAgree Agree Reply Report Abuse

  • nagesh nayaK, bangalore

    Wed, Mar 24 2010

    SHAME ON UPA WHICH IS ENGAGED ONLY IN INCREASING PRICES.

    ANY PRICE RISE WILL BE ANNOUNCED BY SECRETARY/PEONS/OFFICE ASSISTANTS.

    IN CASE OF ANY REDUCTION IN PRICES(ONCE IN BLUMOON)ALL CONGRESS LEADERS WILL JUMP LIKE A MAD PEOPLE & PRAISE MADAMME WITH PLACARDS . BURSTS CRACKERS,DANCE AS PER DRUM BEATS,CHANT BHAJANS.
    THIS HAPPENS ONLY IN INDIA.

    DisAgree Agree Reply Report Abuse


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