Petrol with additives cross Rs 100 mark in Maharashtra s Parbhani district
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Petrol with additives cross Rs 100 mark in Maharashtra s Parbhani district
PTI / Feb 14, 2021, 13:58 IST
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(Representative image)
AURANGABAD: The rate of petrol with additives has crossed the Rs 100 mark for a litre in Maharashtra s Parbhani district on Sunday morning, an office bearer of a petrol dealers association said.
After a 28 paise rise on Sunday morning, the per-litre rate of petrol with additives for retail sale crossed Rs 100.
Parbhani District Petrol Dealers Association President Amol Bhedsurkar told PTI, The rates of petrol with additives in Parbhani has reached to 100.16 rupees for one litre. The cost of unleaded petrol is 97.38 here.
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Fuel Skyrocket! Petrol with additives crosses Rs 100 mark in THIS district of Maharashtra
The rate of petrol with additives has crossed the Rs 100 mark for a litre in Maharashtra s Parbhani district on Sunday morning, an office bearer of a petrol dealers association said.
After a 28 paise rise on Sunday morning, the per-litre rate of petrol with additives for retail sale crossed Rs 100.
Parbhani District Petrol Dealers Association President Amol Bhedsurkar told PTI, The rates of petrol with additives in Parbhani has reached to 100.16 rupees for one litre. The cost of unleaded petrol is 97.38 here.
The cost of petrol in Parbhani is one of the costliest in Maharashtra. The cost is higher due to longer distance of transportation.
We use the diesel money for digitization and development: Ravi Shankar Prasad
Petrol and diesel prices have risen again sharply on the back of a surge in global crude prices that has taken it above $ 61 a barrel mark.
The oil marketing companies on Thursday decided to continue raising the price of petrol and diesel with the pump price increasing by 25 paise and 30 paise per litre respectively in Delhi.
With this, petrol is now priced at Rs 87.85 a litre and diesel Rs 78.03 a litre in the national capital. With the price rise the petroleum product prices have now reached new historic high levels.
Gas Based Economy
The Government of India seeks to increase the share of natural gas in India’s commercial energy basket from 6.3 percent in 2019 to 15 percent by 2030 to make India a ‘gas-based economy’. To reach the target of 15 percent, annual growth in consumption of natural gas has to increase from less than 5 percent in the last decade (less than 3 percent in 2019) to well over 10 percent in the next decade. India’s natural gas consumption in 2019-20 was about 175 mmscmd. To increase consumption to 600 mmscmd by 2030, the annual growth rate in consumption has to be more than 13 percent. This is not an impossible target. In the period 2008-2018, natural gas consumption in China grew by over 13 percent. Behind this double-digit growth rate for natural gas consumption in China was an annual average economic growth rate of over 8 percent, regulatory reform for transparency and flexibility along with focussed policy mandates.