Petrol Price in Ranipet Today: Rs. 93.60 - Rs. 94.35

Last Update: Fri, 07 May 2021 07:18:08

Petrol & Diesel Price Today in Ranipet (Tamil Nadu)

Petrol Price Today: ₹93.60 * - ₹94.35 [per litre] (as per IOCL)

Diesel Price Today: ₹87.09 - ₹87.80 [per litre] (as per IOCL)

This Price is effective from 07-05-2021 (6 A.M.)

Total number of IOCL Petrol Pump in Ranipet is 39

Petrol Price Calculation Per Litre (Approx)

Basic Cost of Fuel after Refining, Freight Cost: Rs. 48.31/litre
Additional: Excise Duty + Road Cess as Charged by Central Government: Rs. 17.98/litre
Commission to Petrol Pump Dealers: Rs. 3.56/litre
Additional:VAT (Varies from State to State): Rs. 23.75/litre
Final Retail Price -(calculation): Rs. 93.60/litre *

Petrol & Diesel Prices (per litre) according to IOCL Petrol Pumps in Ranipet (Tamil Nadu)

A.k.s.agencies
Petrol Price: Rs. 93.78 | Diesel Price: Rs. 87.25

Abhayakumar Enterprises(dod)
Petrol Price: Rs. 94.11 | Diesel Price: Rs. 87.57

Achu Aravind Enterprises
Petrol Price: Rs. 94.35 | Diesel Price: Rs. 87.80

Annamalaiyan Filling Station
Petrol Price: Rs. 93.96 | Diesel Price: Rs. 87.43

Anu Agencies
Petrol Price: Rs. 94.11 | Diesel Price: Rs. 87.57

Araasu Agency Lk No 1176
Petrol Price: Rs. 94.11 | Diesel Price: Rs. 87.57

Babaria Fuel Agency
Petrol Price: Rs. 93.90 | Diesel Price: Rs. 87.37

Bakghiyam Agencies
Petrol Price: Rs. 94.09 | Diesel Price: Rs. 87.55

Bharathi Agencies
Petrol Price: Rs. 93.95 | Diesel Price: Rs. 87.42

Gkt Agency
Petrol Price: Rs. 94.03 | Diesel Price: Rs. 87.49

Gpr Agencies Arkonam
Petrol Price: Rs. 93.90 | Diesel Price: Rs. 87.37

Jupiter Agencies (2 Dod Loads)
Petrol Price: Rs. 94.11 | Diesel Price: Rs. 87.57

M.r.p.m.agency
Petrol Price: Rs. 93.94 | Diesel Price: Rs. 87.41

Magesh Fuels
Petrol Price: Rs. 93.72 | Diesel Price: Rs. 87.19

Namakkal Trailer Owners' Assn
Petrol Price: Rs. 94.03 | Diesel Price: Rs. 87.49

Nethaji Agencieslk.no.1163
Petrol Price: Rs. 93.90 | Diesel Price: Rs. 87.37

Om Siranjeevi Agencies Lk No 1212
Petrol Price: Rs. 93.98 | Diesel Price: Rs. 87.44

Parveen Agency
Petrol Price: Rs. 94.13 | Diesel Price: Rs. 87.59

R A S Agencies (dod)
Petrol Price: Rs. 94.11 | Diesel Price: Rs. 87.57

Raaja Agency
Petrol Price: Rs. 94.19 | Diesel Price: Rs. 87.65

Rajalingam Agency Ksk
Petrol Price: Rs. 93.78 | Diesel Price: Rs. 87.25

Shree Nilla Co.
Petrol Price: Rs. 94.03 | Diesel Price: Rs. 87.49

Shreevare Agencies
Petrol Price: Rs. 93.94 | Diesel Price: Rs. 87.41

Shri Balaji Agencies Lk No 1173
Petrol Price: Rs. 94.06 | Diesel Price: Rs. 87.52

Shri Bharathi Velu Agencies
Petrol Price: Rs. 93.95 | Diesel Price: Rs. 87.42

Sigamani Agencies
Petrol Price: Rs. 94.13 | Diesel Price: Rs. 87.59

Sri Annai Abhirami Agency(ksk)
Petrol Price: Rs. 94.19 | Diesel Price: Rs. 87.65

Sri Elumalaiyan Agencies
Petrol Price: Rs. 94.19 | Diesel Price: Rs. 87.65

Sri Hari Agencies
Petrol Price: Rs. 93.96 | Diesel Price: Rs. 87.43

Sri Pachaiyamman Agencies
Petrol Price: Rs. 94.11 | Diesel Price: Rs. 87.57

Sri Panjali Ammal Agency
Petrol Price: Rs. 94.12 | Diesel Price: Rs. 87.58

Sri Ram Agencies (dod)
Petrol Price: Rs. 93.90 | Diesel Price: Rs. 87.37

Sri Ranganatha Fuels
Petrol Price: Rs. 94.23 | Diesel Price: Rs. 87.69

Sri Tharun Harini Enterprises
Petrol Price: Rs. 94.21 | Diesel Price: Rs. 87.66

Sss Agency (ksk)
Petrol Price: Rs. 94.03 | Diesel Price: Rs. 87.49

Sugumar Agencies
Petrol Price: Rs. 93.60 | Diesel Price: Rs. 87.09

Vdccwss Arcot Road
Petrol Price: Rs. 94.13 | Diesel Price: Rs. 87.59

Vijai Associates
Petrol Price: Rs. 94.13 | Diesel Price: Rs. 87.59

Vtr Fuel Station Lk.no.1075
Petrol Price: Rs. 94.03 | Diesel Price: Rs. 87.49

Breakup of Petrol Price

The Price of Petrol & Diesel affect almost every Indian directly or indirectly. Such is the importance of these two that any increase or decrease in their price is widely discussed. The prices change every fortnight based on the changes in the price of crude oil and changes in tax rate. While people at large follow pricing of these two commodities, they do not understand the structure of pricing, the components that add up to the final price.

Crude oil is the major raw material for petrol. At present, 75% of India's crude oil needs are met through imports. And thus, international prices of crude oil and foreign exchange rates are the base components in determining the price of petrol at home. Only 25% of India's crude oil requirement is maintained by private sector companies like Reliance Industries, Cairn India Ltd, and public sector counterparts like Oil India, Oil and Natural Gas Corporation (ONGC) among others in this sector.

Barrels of Crude Oil are imported from somewhere in the oil fields of the middle east. The price is calculated in dollars per Barrel. The price in Indian rupees is also dependent on the foreign exchange rates for that fortnight. [ 1 Barrel = 158.987 litre (approx) ].

The Crude Oil is transported to India. Ocean freight and transport charges are now applied to Crude Oil. This Crude oil is now refined to extract Petrol. The Crude Oil is now bought by several Oil Marketing Companies (like IOCL, BPCL, HPCL, Reliance Industries and Essar cater) and then refine Crude Oil to Petrol. Refinery Transfer Price (RTP) is paid by OMCs to Refineries.

This refined Petrol is now sold to Dealers (individuals or businesses that own petrol pumps) by OMCs after adding other expenses & keeping some margin.

The Central Excise Duty is levied by the Central Government (Government of India). This is a fixed amount and not a percentage on the price. The dealer commission is also added to the price after imposition of the Central Excise. The State Governments levy Value Added Tax (VAT) or sales tax on the price arrived at by adding dealer price, central excise duty & dealer commission. The central excise duty, dealer's commission and State Govt's VAT percentage amount are fixed by Govt Fiscal Budget (Revenue & Expenditure)


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