Diesel

The prices for petrol and diesel has again been increased in India on October 14. In Delhi, petrol and diesel prices were hiked by 0.35 to Rs 105.14 per litre and Rs 93.87 per litre, respectively. While in Mumbai, one litre Petrol and diesel costs Rs 111.09 and Rs 101.78 per litre. Besides, One litre petrol costs Rs 105.76 and diesel Rs 98.26 per litre in Kolkata.

State-owned fuel companies have raised the prices of petrol by 30 paise per litre and diesel by 35 paise per litre in the country on October 9 for the sixth straight day. In Delhi, one litre petrol and diesel cost Rs 104.14 per litre and 92.82 per litre. While Mumbaikars have to pay Rs 110.12 per litre on petrol and Rs 100.66 a litre on diesel. 

Prices of petrol and diesel across metros were hiked for the third consecutive day on October 2. In Delhi, the Petrol price was raised by 25 paise to Rs 102.14 per litre, followed by Mumbai by 24 paise to Rs 108.19 per litre. While Kolkata registered the increase by 30 Paise to Rs 102.77. Similarly, Diesel price was increased by 30 paise, costing Rs 90.47 per litre in Delhi.

Diesel rates were first hiked by 20-22 paise on September 24 after July 15. Surging global crude oil rates is deemed to be the reason for a cause in the increase in Diesel prices. Meanwhile, petrol prices remain constant for the 19 days straight. Despite the surge in the prices, the Centre stated that no concession on tax rates for fuel should be expected in the near future.

Following the footsteps of a few countries that have adopted the hydrogen fuel conversion method for their trains, Indian Railways also intends to produce hydrogen powered trains. Indian Railways revealed its plans to bid for the hydrogen fuel cell-based technology "Diesel Electric Multiple Unit (DEMU)" from September 21- October 5, 2021. Notably, the conversion from diesel to hydrogen engines will also reduce carbon emissions, and bidding… read-more