Lok Sabha Question No. 3336 (UNSTARRED), answered on 2026-03-12
Subject: Retail Petrol and Diesel Price Structure
Ministry: PETROLEUM AND NATURAL GAS
Asked by: Shri Kodikunnil Suresh

## LOK SABHA UNSTARRED QUESTION NO. 3336 TO BE ANSWERED ON 12 MARCH, 2026

## Retail Petrol and Diesel Price Structure

## 3336.  SHRI KODIKUNNIL SURESH:

## पेट Ō ोिलयम और Ůाक ृ ितक गैस मंũी

Will the Minister of PETROLEUM AND NATURAL GAS be pleased to state:

- (a)  the  detailed  cost  components  of  petrol  and  diesel  sold  in  the  country,  content-wise  and component-wise including all possible expenses, taxes and profit margin, company-wise during the last twelve months;
- (b) the details of the price breakup for major OMCs such as IOCL, BPCL and HPCL for petrol and diesel indicating differences in pricing components, service provider-wise or company-wise;
- (c)  the  average  retail  price  and  net  price  (before  taxes)  of  petrol  and  diesel  in  various  major States and Cities (offtake centres) during the last twelve months and the manner in which State taxation impacts final prices for consumers;
- (d)  the  quantity  of  crude  oil  imported  by  the  country  for  refining  and  supply  in  the  domestic market during the same period, country-wise (major suppliers) and value-wise; and
- (e)  the  steps  taken  by  the  Government  to  reduce  the  retail  price  of  petrol  and  diesel  for consumers?

## ANSWER

## पेट Ō ोिलयम और Ůाक ृ ितक गैस मंũालय मŐ राǛ मंũी ( ŵी सुरे श गोपी )

## MINISTER OF STATE IN THE MINISTRY OF PETROLEUM AND NATURAL GAS (SHRI SURESH GOPI)

(a) to (e): Prices  of  petrol  and  diesel  in  the  country  are  market-determined  and  the  Public Sector  Oil  Marketing  Companies  (OMCs)  take  appropriate  decision  on  pricing  of  petrol  and diesel.

Government  makes  fiscal  interventions  whenever  necessary  to  calibrate  the  tax  structure applicable for petroleum products. Central Excise duty was reduced by the Central Government by  a  total  of  Rs.  13/litre  and  Rs.  16/litre  on  petrol  and  diesel  respectively  in  two  tranches  in November 2021 and May 2022, which was fully passed on to consumers. In March, 2024, OMCs reduced the retail  prices of petrol  and diesel by  Rs. 2 per litre each.  But in April 2025, when excise duty on Petrol and Diesel was increased by Rs. 2 per litre each it was not passed on to consumers.

The quantity of crude oil imported by the country during Jan-Dec 2025 is 248.6 Million Metric Tonnes (MMT) with a value of Rs. 10,94,414.60 crore.

The details of Retail Selling Prices (RSP) of Petrol and Diesel sold by PSU OMCs in four metro cities, as on 01.03.2025 and 01.03.2026, are given at Annexure-I. Further, state-wise details of RSP of Petrol and Diesel along with excise duty and applicable VAT as on 01.03.2026 are given at Annexure-II.

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Annexure referred to in reply to Lok Sabha Unstarred Question No. 3336 asked by Shri Kodikunnil  Suresh  answered  on  12.03.2026  regarding  'Retail  Petrol  and  Diesel  Price Structure'.

RSP of Petrol in metro cities

(Rs./Litre)

|      | Delhi            | Delhi            | Mumbai           | Mumbai           | Chennai          | Chennai          | Kolkata          | Kolkata          |
|------|------------------|------------------|------------------|------------------|------------------|------------------|------------------|------------------|
| OMC  | As on 01.03.2025 | As on 01.03.2026 | As on 01.03.2025 | As on 01.03.2026 | As on 01.03.2025 | As on 01.03.2026 | As on 01.03.2025 | As on 01.03.2026 |
| IOCL | 94.77            | 94.77            | 103.50           | 103.54           | 100.80           | 100.84           | 105.01           | 105.45           |
| HPCL | 94.81            | 94.81            | 103.49           | 103.49           | 100.79           | 100.79           | 104.99           | 105.40           |
| BPCL | 94.77            | 94.77            | 103.45           | 103.45           | 100.76           | 100.76           | 104.96           | 105.37           |

Source: Petroleum Planning and Analysis Cell (PPAC)

RSP of Diesel in metro cities

(Rs./Litre)

|      | Delhi            | Delhi            | Mumbai           | Mumbai           | Chennai          | Chennai          | Kolkata          | Kolkata          |
|------|------------------|------------------|------------------|------------------|------------------|------------------|------------------|------------------|
| OMC  | As on 01.03.2025 | As on 01.03.2026 | As on 01.03.2025 | As on 01.03.2026 | As on 01.03.2025 | As on 01.03.2026 | As on 01.03.2025 | As on 01.03.2026 |
| IOCL | 87.67            | 87.67            | 90.03            | 90.03            | 92.39            | 92.39            | 91.82            | 92.02            |
| HPCL | 87.71            | 87.71            | 90.01            | 90.01            | 92.38            | 92.38            | 91.81            | 92.01            |
| BPCL | 87.67            | 87.67            | 89.98            | 89.98            | 92.35            | 92.35            | 91.77            | 91.97            |

Source: Petroleum Planning and Analysis Cell (PPAC)

Annexure referred to in reply to Lok Sabha Unstarred Question No. 3336 asked by Shri Kodikunnil  Suresh  answered  on  12.03.2026  regarding  'Retail  Petrol  and  Diesel  Price Structure'.

Retail Selling Prices (RSP) of Petrol and Diesel as on 01.03.2026

(Rs./Litre)

| States                   | Reference City     | Petrol      | Petrol   | Petrol   | Diesel      | Diesel   | Diesel   |
|--------------------------|--------------------|-------------|----------|----------|-------------|----------|----------|
| States                   | Reference City     | Excise Duty | VAT      | RSP      | Excise Duty | VAT      | RSP      |
| Delhi                    | New Delhi          | 21.90       | 15.40    | 94.77    | 17.80       | 12.83    | 87.67    |
| West Bengal              | Kolkata            | 21.90       | 21.08    | 105.45   | 17.80       | 13.85    | 92.02    |
| Maharashtra              | Mumbai             | 21.90       | 24.00    | 103.54   | 17.80       | 15.18    | 90.03    |
| Tamil Nadu               | Chennai            | 21.90       | 21.34    | 100.84   | 17.80       | 17.57    | 92.39    |
| Tripura                  | Agartala           | 21.90       | 16.25    | 97.53    | 17.80       | 9.86     | 86.55    |
| Mizoram                  | Aizawl             | 21.90       | 17.86    | 99.06    | 17.80       | 11.38    | 87.92    |
| Haryana                  | Ambala             | 21.90       | 15.39    | 95.94    | 17.80       | 12.71    | 88.37    |
| Karnataka                | Bengaluru          | 21.90       | 22.74    | 102.96   | 17.80       | 15.45    | 90.99    |
| Madhya Pradesh           | Bhopal             | 21.90       | 26.70    | 106.52   | 17.80       | 16.70    | 91.89    |
| Odisha                   | Bhubaneswar        | 21.90       | 21.24    | 101.11   | 17.80       | 17.44    | 92.69    |
| Chandigarh               | Chandigarh         | 21.90       | 12.48    | 94.30    | 17.80       | 5.16     | 82.45    |
| Uttarakhand              | Dehradun           | 21.90       | 13.14    | 93.35    | 17.80       | 12.53    | 88.24    |
| Gujarat                  | Gandhinagar        | 21.90       | 14.86    | 94.70    | 17.80       | 15.06    | 90.38    |
| Sikkim                   | Gangtok            | 21.90       | 20.97    | 103.35   | 17.80       | 12.37    | 90.45    |
| Assam                    | Guwahati           | 21.90       | 18.80    | 98.19    | 17.80       | 14.60    | 89.42    |
| Telangana                | Hyderabad          | 21.90       | 26.93    | 107.50   | 17.80       | 19.80    | 95.70    |
| Manipur                  | Imphal             | 21.90       | 19.05    | 99.21    | 17.80       | 9.84     | 85.26    |
| Arunachal Pradesh        | Itanagar           | 21.90       | 11.01    | 90.87    | 17.80       | 5.09     | 80.38    |
| Rajasthan                | Jaipur             | 21.90       | 24.73    | 104.72   | 17.80       | 14.80    | 90.21    |
| Punjab                   | Jalandhar          | 21.90       | 17.45    | 97.55    | 17.80       | 12.41    | 87.38    |
| Nagaland                 | Kohima             | 21.90       | 16.94    | 97.70    | 17.80       | 12.83    | 88.83    |
| Uttar Pradesh            | Lucknow            | 21.90       | 14.85    | 94.69    | 17.80       | 12.44    | 87.81    |
| Goa                      | Panaji             | 21.90       | 16.74    | 96.43    | 17.80       | 13.12    | 88.20    |
| Bihar                    | Patna              | 21.90       | 19.31    | 105.23   | 17.80       | 12.51    | 91.49    |
| Puducherry               | Puducherry         | 21.90       | 13.97    | 96.26    | 17.80       | 8.72     | 86.47    |
| Andaman &Nicobar Islands | Sri Vijaya Puram   | 21.90       | 0.82     | 82.46    | 17.80       | 0.77     | 78.05    |
| Chhattisgarh             | Raipur             | 21.90       | 19.28    | 99.44    | 17.80       | 17.79    | 93.39    |
| Jharkhand                | Ranchi             | 21.90       | 18.00    | 97.86    | 17.80       | 17.24    | 92.62    |
| Meghalaya                | Shillong           | 21.90       | 13.60    | 96.25    | 17.80       | 9.60     | 87.47    |
| Himachal Pradesh         | Shimla             | 21.90       | 13.50    | 95.05    | 17.80       | 10.40    | 87.13    |
| Jammu &Kashmir           | Srinagar           | 21.90       | 17.51    | 100.70   | 17.80       | 8.61     | 86.88    |
| Kerala                   | Thiruvananthapuram | 21.90       | 26.41    | 107.48   | 17.80       | 20.00    | 96.48    |
| Daman &Diu               | Daman              | 21.90       | 10.45    | 92.44    | 17.80       | 10.46    | 87.94    |
| Ladakh                   | Leh                | 21.90       | 15.00    | 102.35   | 17.80       | 5.28     | 87.45    |
| Andhra Pradesh           | Amaravati          | 21.90       | 29.06    | 109.74   | 17.80       | 21.56    | 97.57    |
| Lakshadweep              | Kavaratti          | 21.90       | 9.16     | 100.75   | 17.80       | 8.70     | 95.71    |

Source:  Petroleum Planning and Analysis Cell (PPAC)