Petrol and Diesel Price in Gangtok

Gangtok, the capital of Sikkim, is a beautiful hill station and is known for its picturesque views and unique culture. Thus, a large number of tourists often flock to this city every year. Further, the industries and job market in Gangtok are also thriving. This has led to an increased demand for petrol and diesel.

Whether you are a resident or a tourist, being aware of the accurate petrol and diesel price in Gangtok is necessary. Read this piece till the end to find out more about the current fuel prices and the reasons behind their changes.

Petrol Prices in Gangtok

The petrol price in Gangtok today trades at around Rs 110.95 a litre. There hasn’t been a rise or fall in petrol prices in Gangtok for a month. Since June 2017, the petrol prices get revised every day around 6 AM.

Diesel Prices in Gangtok

The diesel price in Gangtok today is around Rs 97.75 a litre There has been no change in the diesel prices in Gangtok for over a month. The price has remained steady at Rs 97.75 a litre. You can get the revised prices of diesel every day at 6 AM.

Factors affecting Gangtok’s Fuel Prices

Fuel prices in Gangtok, be it petrol, diesel, or CNG have been seeing a rise in the recent past. There are a few reasons for this hike in fuel prices.

• Increase in the demand for crude oil in international markets: In Gangtok, the prices of fuel are linked to the international markets directly. Due to an increase in demand for crude, the cost for it has shot up, thereby hiking up fuel prices.

• Taxes charged by the government: The government’s taxation policies also play a crucial role in the fuel price rise. The government imposes different taxes on fuel, thereby making it expensive for consumers.

• Transportation cost: Transportation costs are quite high in Gangtok and are an important factor affecting fuel prices. When the transportation cost increases, the fuel cost also increases.

• Dollar vs Rupee exchange rate: The fluctuating exchange rate also plays a major role in the fuel price hikes in Gangtok. Due to these fluctuations, the cost of importing fuel increases, and this increases the price of fuel.

Conclusion

So that was all about the fuel prices in Gangtok. Are you looking for an application that can help you keep track of regular fuel price changes without hassle? We have the perfect solution for you! The Park+ app has allows you to get all the petrol, diesle, and CNG-related details you are looking for within a few taps. All you need to do is download the application and search for your city's name. You can also access the Park+ website, and stay updated on any fluctuations in petrol prices in Gangtok or any other city.