Oil PSUs hike ATF prices by 3.7%

New Delhi: State-owned oil companies today hiked jet fuel price by a steep 3.7%, the third increase in rates in a month.
The price of aviation turbine fuel (ATF), or jet fuel, at Delhi was raised by Rs 2,312 per kilolitre (kl), or 3.7%, to Rs 64,622 per kl with effect from midnight tonight, an official of Indian Oil Corp, the nation's largest fuel retailer said.
The increase comes on back of a 2% (Rs 1,195 per kl) hike effected from November 16.
ATF in Mumbai will cost Rs 65,650 per kl from tomorrow as against current rate of Rs 63,228.40 per kl, an increase of Rs 2,422 per kl.
30/11/11 Press Trust of India/Business Standard

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Categories: Indian Aviation- In General Dec 2011