Ceypetco has increased fuel prices with effect from 3.00 am today (24). Accordingly, the price of 92-litre octane petrol has been increased by Rs. 82 and the new price is Rs. 420.

A litre of 95 octane petrol costs Rs. 77 and the new price is Rs. 450.

A litre of auto diesel has been increased by 111 rupees.

Accordingly, the new price of a litre of auto diesel is Rs. 400. The new price of a litre of premium diesel is 445 rupees while the price of a litre of premium diesel has been increased by 116 rupees.

Minister Kanchana Wijesekara says Cabinet also approved the revision of transportation and other service charges accordingly. The formula will be applied every fortnight or monthly.

Accordingly, the chairman of all Island Private bus owners association Gamunu Wijerathne saids Bus fares will be increased by 25% – 30% by the fuel price increase. Also, he stated that the new bus fares will be announced today.

Also, the Chairman, of the All Island three-wheelers union Stated Three-wheeler fares for the first kilometre will be increased to Rs. 100 and each additional kilometre will cost Rs.80

Meanwhile, the Power and Energy Minister stated that supplying fuel for vehicles was amended again. So accordingly for a motorbike Rs. 2,500, Three Wheelers Rs 3,000 and other vehicles Rs. 10,000 with effect from today.