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Home » business » Fuel prices can’t rise above Rs 99.99 as machines can’t display 100

Fuel prices can’t rise above Rs 99.99 as machines can’t display 100

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Fuel price hike continues: Petrol touches new highs, diesel unchanged

Petrol users across the nation have been doing a sarcastic roll over the everyday hiking fuel prices. While the consumer had just started of howling with the joke that this time the prices might hit a century, prices have already breached the Rs 100/litre mark.

The price of Octane quality petrol has increased to Rs 100.33 per litre. However, the display machine at petrol pumps showed “Rs 0.33 per litre because the fuel dispenser can’t handle more than Rs 100 as of now.

Lately, petrol and diesel prices have been increasing since the past few weeks. As cited, due to hiking global crude oil prices, the fuel prices increased by Rs 0.35 per litre, touching Rs 81.63 per litre mark on Saturday, September 15 in the national capital Delhi. Mumbai witnessed a hike of Rs 0.34 per litre, touching Rs 89.01 per litre mark.

Also read: India sells Petrol at Rs 34 litre to 15 countries, but double price to Indians: RTI Report

As reported by India Times, Hindustan Petroleum Corporation Limited (HPCL), which sells the 99 Octane petrol for the price more than the cost of normal petrol said that, “We have to manually update the fuel prices every day because they keep changing. Since the display machines can show a maximum value of only Rs 99.99, hence, the petrol pump services had to be stopped and a special engineer had to be called to re-calibrate the machines.”

These petrol pumps are automated which means that their value can be changed only from a central server, therefore, they had to be closed down so that the necessary adjustments could be made.

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