POL prices to be hiked by up to Rs 4.40

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The prices of petroleum prices are likely to go up between Rs 2.20 to Rs 4.40 per litre from March 1.

According to media reports, the price of petrol is likely to increase by Rs 2.20 per litre, diesel by Rs 3.5 per litre, light diesel by Rs 4.50 per litre, kerosene oil by Rs 4.40 per litre and the price of HOBC’s may go up by Rs 3.35 per litre next month.

The summary of hike in prices of petroleum products will be sent to the Petroleum Ministry by the Oil and Gas Regulatory Authority and a final decision in this regard will be taken on February 28.

1 COMMENT

  1. As a common man, I would like the prices of my consumption as low as possible. However, we still have the cheapest petrol in the sub-continent. Same is the case with electricity prices. As long as we do not pay prices in line with those prevailing in the sub-continent, we will never be able to have the resources to solve our energy crisis. At the same time, we can make some contribution by preventing electricity & gas thefts. The problem is that thieves do not stop their act and those around them who do not indulge in it, do not help stopping them. We must remember, leaving everything to the government will never do the job. It is common man's responsibility.

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