Bad news for LPG cylinder customers! prices hiked by Rs…, effective…

There has been no change in the prices of 14.2 kg domestic LPG cylinders, which are used widely by households for cooking purposes.

Oil marketing companies on Wednesday, October 1, revised the prices of commercial LPG cylinders, raising the rate of a 19 kg cylinder by Rs 15.50.

With this change, the retail price of a 19 kg commercial LPG cylinder in Delhi now stands at Rs 1,595.50. The revision is part of the monthly price adjustment carried out by the OMCs.

Commercial LPG Cylinder Prices Hike

The adjustment in commercial cylinder prices will mainly impact restaurants, hotels, and other businesses, while households will not face any change in their cooking gas bills.

Meanwhile, the prices for 14.2 kg cylinders have remained the same since April 8. In Delhi, one cylinder costs Rs 853, whereas in Chennai, Kolkata, and Mumbai, the prices have stayed at Rs 868.50, Rs 879, and Rs 852.50, as per data available at Indian Oil Corporation.

Changes In Commercial LPG Cylinder Prices

Last month, on September 1st, the Oil Marketing Companies reduced the rates of commercial 19 kg Liquefied Petroleum Gas (LPG) cylinders by Rs 51.50, effective from September 1. After that reduction, in Delhi, the retail sale price of a 19 kg commercial LPG cylinder was reduced to Rs 1580.

It was a reduction in price of an The LPG cylinder from Rs 1,631.50 in August.

In August, Union Petroleum Minister Hardeep Singh Puri hailed the Centre’s recent decision to pay Rs 30,000 crores to oil companies in 12 parts, which has kept prices of Liquefied Petroleum Gas stable in the country.

Union Cabinet, on August 8, led by Prime Minister Narendra Modi, has approved a compensation of Rs 30,000 crore to be paid in twelve parts to oil companies that have kept LPG prices stable despite global uncertainty. 

(With Inputs From ANI)