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Old 11th November 2013, 15:07   #3421
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Originally Posted by Arunshek View Post
Kharghar comes under Raigad district, while others are in Mumbai
I beg to differ. Kharghar also comes under NMMC along with Vashi, hence should have the same LBT rate levied. Pls see below the NMMC jurisdiction.


Nodes of the city of Navi Mumbai in Maharashtra, India
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Old 11th November 2013, 17:19   #3422
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Originally Posted by ghodlur View Post
Surprised to see different fuel prices for Vashi and Kharghar as they both fall under Navi Mumbai jurisdiction. Any reasons for the same?
Reason for such huge difference is LBT getting imposed in Navi Mumbai jurisdiction area. Also there is some other extra taxes levied onto NMMC area for which Petrol Pump owners are asking to have it revoked.

Since Kharghar comes in Raigad district it doesn't have LBT so lower cost. Also same same goes for Mumbai. But LBT is said to be implemented in BMC area from 1 April 2014 if all goes without protest by merchants which should bring the price between NMMC & BMC more or less same.
Until then people living NMMC area can believe they live in more posh area given higher taxes.
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Old 12th November 2013, 08:16   #3423
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Red face Re: The Official Fuel Prices Thread

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Originally Posted by el lobo 6061 View Post
Since Kharghar comes in Raigad district it doesn't have LBT so lower cost
Does Kharghar have a seperate Municipal Corporation? Agreed that it falls in Raigad district, I was given to understand that Kharghar is governed by the NMMC authorities. Hence LBT rates should be same as Vashi. I may be wrong, lets stop this here and continue the fuel prices discussions.
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Old 14th November 2013, 13:40   #3424
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Default Re: The Official Fuel Prices Thread

Where's the fortnightly update? Conveniently forgotten due to falling prices?
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Old 14th November 2013, 15:31   #3425
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Where's the fortnightly update? Conveniently forgotten due to falling prices?
Patience man. Rupee has come off as well. So, any revision would still be small.
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Old 14th November 2013, 16:35   #3426
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Default Re: The Official Fuel Prices Thread

Rupee conveniently goes under whenever international oil prices go down. Basically since international oil prices go down whenever there is a tightening of the dollar supply by Federal Reserve so that countries can import lesser. And whenever that happens, the rupee also falls since basically India is perpetually in current a/c deficit.

So what we have gentlemen, is a cycle of only increases in prices and no decreases. Reasonable minds had warned of exactly such a scenario during the period when so-called 'oil derugalation' plans were underway.
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Old 14th November 2013, 16:40   #3427
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Default Re: The Official Fuel Prices Thread

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Where's the fortnightly update? Conveniently forgotten due to falling prices?
I feel petrol prices will not be revised downwards this fortnight or even on 30th November because Rupee has once again fallen down to 63.4 against US Dollar.

Had the Rupee - USD exchange rates remained at 60 / 61 levels over the current fortnight there would have been a definite call for reduction in fuel prices.

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Old 14th November 2013, 22:03   #3428
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Default Re: The Official Fuel Prices Thread

It is a toss up. Changes should be minor. A lot may depend on the political reading!
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Old 20th November 2013, 19:32   #3429
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Petroleum Minister indicates that Diesel prices will be decontrolled in coming six months.

“In the next six months time diesel prices would be completely decontrolled as rupee may strengthen further and international prices are set to cool down. Under-recoveries had come down to Rs 2.50 per litre because of monthly increases, but it increased to Rs 14 per litre and again depreciated and now stands at Rs 9.5 per litre,” Moily said on the sidelines of a KPMG Energy Conclave today.

Source:- Business Standard
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Old 21st November 2013, 19:30   #3430
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Default Re: The Official Fuel Prices Thread

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Petroleum Minister indicates that Diesel prices will be decontrolled in coming six months.
Slightly off the main topic:
If indeed Diesel prices are deregulated will it have an impact on pricing of Diesel vehicles, especially passenger cars since it's now almost a norm to price these about 1-2 Lakh more than the Petrol variant.
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Old 21st November 2013, 20:04   #3431
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Default Re: The Official Fuel Prices Thread

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Originally Posted by NPV View Post
Slightly off the main topic:
If indeed Diesel prices are deregulated will it have an impact on pricing of Diesel vehicles, especially passenger cars since it's now almost a norm to price these about 1-2 Lakh more than the Petrol variant.
It most certainly should. Just lets say if the current monthly running limit is 1000 kms for someone to consider a diesel car then it will easily increase beyond 1500 kms if Diesel is completely deregulated. And very few people will be able to recover there extra cost paid for the Diesel variant. In all due probability car makers have been having a gala time till now by pricing the diesel variants at a much higher premium than it actually should be. This gap will come down.
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Old 21st November 2013, 21:18   #3432
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Add the toll fees to the equation, unless you are going inter city frequently and with full load, it won't make sense to buy a diesel car.

When I bought the logan, the break even for an outstation trip would require 2 people as compared to AC bus fare. Now with a lot of tolls in place and the current diesel prices, I need to have full load. Started thinking like a taxi wallah .:-). The only differentiator is currently the convenience of starting from home and vice versa. No need to worry about luggage.
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Old 21st November 2013, 22:07   #3433
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Default Re: The Official Fuel Prices Thread

Quote:
Originally Posted by NPV View Post
Slightly off the main topic:
If indeed Diesel prices are deregulated will it have an impact on pricing of Diesel vehicles, especially passenger cars since it's now almost a norm to price these about 1-2 Lakh more than the Petrol variant.
It will come down for sure. But not sure how much will be the reduction. Many companies have already reaped gains from Indian's affinity to diesel cars. As the petrol and diesel price gap is getting narrower, the higher fuel economy would the only advantage for diesel cars.
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Old 21st November 2013, 23:49   #3434
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Default Re: The Official Fuel Prices Thread

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Originally Posted by MaxTorque View Post
As the petrol and diesel price gap is getting narrower, the higher fuel economy would the only advantage for diesel cars.
Once you start getting good VGT turbocharged petrol cars, the efficiency level for petrol would also increase. Inherently diesel is more efficient due to higher calorific value, but turbocharged petrol cars should close the gap.

Given petrol & diesel fuel priced at par, I would pick pick a turbocharged petrol over a turbocharged diesel. P.S. Currently both my cars are turbocharged diesel.
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Old 30th November 2013, 19:26   #3435
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Default Re: The Official Fuel Prices Thread

Amidst all hullaballoo, I thought I will check the prices since I bought by Diesel vehicle (2012 make). Price of Diesel on July 25, 2012: Rs44.55
November 30,2013:: Rs57.02
Price of Petrol : Jul 21,2012: Rs 70.05
November 20,2013: Rs 74.29 (All Rates at Trivandrum)
Source:
www.mypetrolprice.com/diesel-price-in-india.aspx
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