India had switched over to the cleaner Euro-III and Euro-IV petrol and diesel. The cleaner ultra low sulphur and benzene fuel was introduced in 13 big cities from April 1 and Euro-III grade fuel was to be introduced in the rest of the country in phases by October 1.
When Euro-IV grade fuel was launched in April, petrol prices were increased by Rs. 0.50 a litre and diesel by Rs. 0.26 a litre. For introduction of Euro-III grade, petrol prices have been raised by Rs. 0.26 per litre and diesel by Rs. 0.21 a litre in phases as the fuels were introduced throughout the country. There will be no further increase in price. as a result of introduction of Euro-III fuel.