1. During the last fortnight, international prices of HSD have shown a declining trend and the INR-USD exchange rate has appreciated slightly. As a result, the selling prices of HSD-Bulk to direct consumers have been reduced all across the country w.e.f midnight of 15th /16th July'14.
  2. The HSD-Bulk price data in respect of the four metros is given below :

    Figs in Rs/litre


    Delhi

    Kolkotta

    Chennai

    Mumbai

    Current

    60.41

    65.53

    64.71

    69.10

    Revised

    59.32

    64.39

    63.53

    67.90

    Reduction

    1.09

    1.14

    1.18

    1.20


  3. Due to the said trends of international HSD prices and the INR-USD exchange rate, the under-recovery on HSD-retail has also come down from Rs 3.40/litre last fortnight to Rs 2.49/litre currently.
distributed by