New Delhi: Aviation turbine fuel ( ATF ) prices were on Sunday raised by 5.8 per cent, the second increase in June, as rupee depreciation made imports costlier.
Aviation turbine fuel price in Delhi was hiked by Rs 3,617.84 a kilolitre (kl), or 5.8 per cent, to Rs 66,034 a kl with effect from midnight, according to Indian Oil Corp, the nation’s largest fuel retailer.
The increase comes soon after a marginal rise in rates on June 1 when prices climbed to Rs 62,416.16 a kl from Rs 62,649.95 previously.
The two hikes follow a similar number of steep reduction in rates often by 5.5 per cent (Rs 3884.98 a kl) on April 1 and 5.3 per cent or Rs 3,545.94 a kl from May 1.
ATF price in March had touched Rs 70,080.87 per kl in Delhi.
01/07/13 PTI/Business Standard
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Aviation turbine fuel price in Delhi was hiked by Rs 3,617.84 a kilolitre (kl), or 5.8 per cent, to Rs 66,034 a kl with effect from midnight, according to Indian Oil Corp, the nation’s largest fuel retailer.
The increase comes soon after a marginal rise in rates on June 1 when prices climbed to Rs 62,416.16 a kl from Rs 62,649.95 previously.
The two hikes follow a similar number of steep reduction in rates often by 5.5 per cent (Rs 3884.98 a kl) on April 1 and 5.3 per cent or Rs 3,545.94 a kl from May 1.
ATF price in March had touched Rs 70,080.87 per kl in Delhi.
01/07/13 PTI/Business Standard