The government has announced a reduction in fuel prices, from February 16, 2025.
High -speed diesel (HSD), which is widely used in the agriculture and transport sectors, will see a price drop in RS4 per liter. The new price for HSD will be RS263.95, down compared to the previous rate of RS267.95 per liter.
In addition to the HSD, the price of gasoline has also been reduced by RS1 per liter. The new petrol price will be RS256.13, following a similar drop in the second half of February 2025.
In addition, the prices of kerosene and light diesel have been reduced to Rs5 per liter. Kerosene will now be available at RS171.65 per liter, while light diesel will cost 155.81 rupees per liter.
In a statement, the Ministry of Finance said that PUIL & Gas Regulatory Authority (OGRA) had examined and adjusted consumer prices for petroleum products for recent fluctuations on the international oil market.
He also indicated that the prices of these products had been set for the next fortnight of the current month.
