According to the notification issued by Oil and Gas Regulatory Authority, the price of petrol has been raised by Rs2.75 per litre to Rs97.66 while the rate of diesel has been kept unchanged at Rs103.46 a litre.
The rate of light diesel has been ramped up by Rs3.08 per litre; Kerosene oil by Rs4.38 to Rs96.40 a litre and; the price of HOBC raised by Rs8.67 to Rs126.87 a litre.
The new rates will be applicable from 12:00 AM, March 1.
OGRA had estimated an increasing trend in international POL prices, as they had risen during February while the rupee had devalued against the dollar in the same period.
Meanwhile, the rate of CNG has been ratcheted up by Rs1.77 a kilogram.
Electricity tariff also been raised by 39 percent under fuel adjustment for the month August 2011.
The per unit increase of Rs3.39 has been approved and will be adjusted during the next billing cycle and it will not be applicable for KESC.
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