New Delhi: In a first downward revision in the cooking gas rates since August, prices of non-subsidised LPG were slashed in Delhi and Mumbai by Rs 53 per from Sunday, March 1. Following the revision, consumers in Delhi and Mumbai will have to pay Rs 805.5 and Rs 776.5 per cylinder respectively for non-subsidised LPG against the existing Rs 858.5 per cylinder Rs 829.5 per cylinder respectively. Also Read - ‘LPG Price Increases Due to High Consumption During Winters, Likely to Come Down Next Month,’ Says Pradhan
Similarly, 19 kg non-subsidised cylinder will cost Rs 1,381 per unit in Delhi. In Mumbai, Chennai and Kolkata, it will be sold at Rs 1,331, Rs 1,501 and Rs 1,450 per unit respectively. Also Read - ‘LPG Price Hike Has no Link With Delhi Assembly Election,’ Clarifies Dharmendra Pradhan
Earlier this month, the Centre had hiked the LPG price by a steep Rs 144.5 per cylinder.
Meanwhile, the fuel prices were also reduced today. The price of petrol was cut by 17 paise and that of diesel by 21 paise on Sunday. Following this, petrol now costs Rs 71.71 per litre in Delhi, Rs 77.40 per litre in Mumbai, Rs 74.38 per litre in Kolkata and Rs 74.51 per litre in Chennai after the price cut.
Similarly diesel costs Rs 64.30 a litre in Delhi, Rs 67.34 a litre in Mumbai, Rs 66.63 a litre in Kolkata and 67.86 per litre in Chennai, according to Indian Oil Corporation website.
The prices were reduced after the international crude oil prices witnessed a downward trend due to slump in demand. Domestic petrol and diesel prices are reviewed by oil marketing companies on a daily basis. Price revisions are implemented at the fuel stations with effect from 6 AM.