Patna: Diesel prices for industrial consumers have risen sharply, with petroleum companies increasing rates by around Rs 24 per litre, prompting concerns over rising costs in key sectors.
The revised price has gone up from Rs 91.80 to Rs 115.95 per litre, but the hike applies only to bulk consumers who are billed directly by oil companies. These include the railways, defence establishments, mining operations and large construction firms.
Officials indicated that the decision was influenced by global supply pressures and ongoing geopolitical tensions affecting fuel markets.
Retail prices unchanged, for now
Despite the increase in industrial rates, there has been no change in diesel or petrol prices at retail outlets. Consumers purchasing fuel at petrol pumps will continue to pay existing rates.
However, the price of premium petrol has seen a marginal increase of Rs 2 per litre in some areas.
Impact on industry and economy
Experts warn that the hike could lead to increased operational costs in sectors heavily dependent on diesel, particularly construction, mining and large infrastructure projects.
If sustained, these higher costs may eventually be passed on to consumers, potentially pushing up prices of goods and services.
Public concern grows
The development has triggered anxiety among consumers, with fears that retail fuel prices could rise in the coming days. Reports suggest that some customers rushed to petrol pumps to fill their tanks in anticipation of possible increases.
While no immediate change has been announced for retail buyers, analysts say the situation will depend on global fuel trends and domestic policy decisions in the coming weeks.
