Bhubaneswar: Hours after the Centre announced a cut in the excise duty of fuel, the prices of petrol and diesel dropped sharply by Rs 9.5 and Rs 7 respectively in Odisha market.
The Union government on Saturday announced to reduce the central excise duty on petrol by Rs 8 per litre and on diesel by Rs 6 per litre.
As per the rate revision, petrol is now available at Rs 103.36 and diesel is being sold at 94.86 per litre in Bhubaneswar. Similarly, petrol and diesel are available at Rs 108.73 and Rs 100.12 per litre in Malkangiri. In Rourkela petrol is being sold at Rs 104.29 and diesel is available at Rs 95.83.