Petrol & Diesel Price in Aizawl
Situated 3500 feet above sea level, Aizawl, the capital of Mizoram, has mesmerising natural beauty. Similar to many north-eastern territories, Aizawl is peaceful but bubbling with cultural richness. If you plan to visit the city be sure to check out Aizawl's handicraft work. In terms of tourist spots Aizawl has the Bung picnic spot, zoological garden, MAHCO Showroom, Vengthlang and more to offer.
If you are planning to travel around the city on road, you should know the petrol price in Aizawl. It will allow you to budget your travels, so you can get the most out of your journey.
Here we tell you the petrol price in Aizawl today, along with the best way to get fuel prices.
Petrol Price in Aizawl
The petrol price in Aizawl today is INR 99.26 per litre. In the past 10 days, this price has been consistent in the district. There was a spike on one day, which increased the petrol price to INR 214 per litre. Aizawl has the second-cheapest petrol in the state of Mizoram today. The cheapest petrol is available in Kolasib.
Diesel Price in Aizawl
The diesel price in Aizawl today is INR 88.04 per litre. This price has been stable in the district for the last 10 days. The diesel price shot up to INR 176 per litre for one day only.
In Mizoram, Aizawl has the second least expensive diesel. The district with the least expensive diesel in the state is Kolasib.
Factors That Affect the Price of Fuel in Aizawl
There are many costs that are added to the final price of diesel and petrol. Due to these reasons, the fuel price at the station doubles from its original rate. In fact, these factors and costs affect the price of fuel all over India, regardless of city or state.
Barring the price of CNG, the fuel prices shift every day. This is the reason you should keep track of fuel rates on a daily basis. Here are the major factors which influence the rate of fuel all over the country –
Global market trend shifts
International demand for oil – If demand exceeds supply the price of fuel will rise and vice versa.
Export and import duties / charges.
In a country like India, the responsibility of calculating fuel price rests with premium companies like Indian Oil. Such companies charge for their service, which also affects the final fuel price.
If more people buy automobiles in India, the demand for oil will increase. That will also impact the price of petrol and diesel.
Then, there are cost additions which increase the rate of fuel. Here are some of the major costs added to the fuel retail selling price (RSP) –
Crude oil price – Crude oil is unrefined oil which must undergo refinement to become usable fuel. The price of crude oil fluctuates every day. If the price rises, the cost of fuel will also rise.
OMC profit margin – The Oil Marketing Companies (OMCs) set their profit margins, which change from time to time. This has an indirect impact on the final cost of fuel.
Refinery expenditure – OMCs also refine crude oil into usable fuel. OMCs get their money back by adding the costs to the final price.
Excise duty – For any good produced or sold in India, the central government levies excise duty. This applies to the sale of petrol, diesel and CNG as well.
VAT – Every state charges VAT at different production stages. The final price you pay for fuel reflects this.
Commission of the dealer – Somebody has to transport the fuel to the stations. That dealer will charge a commission for their service. The total amount depends on the dealer’s experience and the distance travelled.
Conclusion
If you live in Aizawl download the Park+ app to know the latest fuel prices in your area. With a smartphone and internet connection, you can check fuel rates on the go. You can also take the latest price and compare it to the previous fuel rates to manage your budget. Apart from this, Park+ allows you to check eChallan details online, pay tolls instantly and avoid long lines, find parking spots in cities, and more