An increase in the price of fuel may happen today or tomorrow (05, 06), according to the internal sources of the Ministry of Power and Energy.
It is also said that this increase in the price may be due to the increase in duty imposed on fuel.
Accordingly, yesterday (3), the Ministry of Finance had decided to increase the customs duty of 27 rupees on octane 92 and 95 to 52 rupees.
Also, the customs duty imposed on super diesel which was 13 rupees has been increased to 38 rupees.
It is further said that the Ministry of Electricity and Energy is going to discuss with the Ministry of Finance and take a decision on how much the fuel price will be increased.