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regular-article-logo Saturday, 16 November 2024

Petrol and diesel price highest in Andhra Pradesh, cheapest in smaller states and UTs

That reduction brought relief to fuel users but rates continue to be above Rs 100-a-litre mark in some states due to higher Value Added Tax (VAT)

PTI New Delhi Published 18.03.24, 09:42 AM
Representational image.

Representational image. File Photo

Petrol and diesel prices are the costliest in the country in Andhra Pradesh, Telangana and Kerala while it is cheapest in smaller states and UTs such as Andaman & Nicobar Islands, Delhi and those in the North East, mainly due to differentials in local sales tax or VAT rates, oil industry data showed.

The three state-owned fuel retailers — Indian Oil Corporation (IOC), Bharat Petroleum Corporation Ltd (BPCL) and Hindustan Petroleum Corporation Ltd (HPCL) — last week cut petrol and diesel prices by Rs 2 a litre each, ending a nearly two-year hiatus in price revision.

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That reduction brought relief to fuel users but rates continue to be above Rs 100-a-litre mark in some states due to higher Value Added Tax (VAT).

Y.S. Jagan Mohan Reddy’s YSRCP-ruled Andhra Pradesh has the costliest petrol at Rs 109.87 a litre, followed by Left Democratic Front (LDF)-ruled Kerala, where a litre of petrol comes for Rs 107.54. Congress-run Telangana is close behind with petrol costing Rs 107.39 a litre.

BJP-ruled states are not far behind — petrol costs Rs 106.45 a litre in Bhopal, Rs 105.16 in Patna (BJP in coalition with JD-U), Rs 104.86 in Jaipur and Rs 104.19 in Mumbai.

Mamata Banerjee’s TMC-ruled West Bengal has petrol priced at Rs 103.93 a litre. Other states with over Rs 100-a-litre petrol are Odisha (Rs 101.04 a litre in Bhubaneswar), Tamil Nadu (Rs 100.73 in Chennai), and Chattisgarh (Rs 100.37 in Raipur), industry pricing data showed.

Petrol is the cheapest in Andaman & Nicobar Island where it comes to Rs 82 a litre, followed by Silvassa and Daman where it comes to Rs 92.38-92.49 a litre.

Diesel prices have almost a similar story with Amaravati in Andhra Pradesh selling the fuel at Rs 97.6 a litre, followed by Rs 96.41 a litre in Kerala’s capital Thiruvananthapuram, Rs 95.63 in Hyderabad and Rs 93.31 in Raipur.

The fuel is in the Rs 92-93 a litre range in BJP-ruled states of Maharashtra, Chhattisgarh and Bihar.

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