Price LPG gas cylinders hiked by Rs 43.50; check latest price Here
Mumbai: Oil & gas marketing companies raised the price of commercial Liquefied Petroleum Gas (LPG) cylinders by Rs 43.50 on Friday. The rates are applicable from today itself. Price of domestic LPG cylinders remain unchanged.
The price of a 19-kilogram commercial LPG cylinder will cost Rs 1736.50 in the national capital effective Friday. It was retailed at Rs 1,693 before the price hike in Delhi. This is the second hike since September 1 when the prices of commercial cooking gas cylinders were raised by Rs 75.
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Petroleum companies increase the price of commercial LPG cylinders by Rs 43. The price of a 19 kg commercial cylinder in Delhi is now Rs 1736.50. On Sept 1st, price of commercial LPG cylinder was increased by Rs 75,” as reported by news agency ANI.
As per the Indian Oil website, cost of a19-kg commercial cooking gas cylinder in Kolkata reached Rs 1805.50 on Friday.
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It is to be noted that government provides 12 domestic LPG cylinders of 14.2 kg each per household at subsidised or below market rates and citizens have to bear the full of cost if their consumption is more than 12. It is to be noted that monthly price rise have effectively eliminated any form of subsidy shifting the entire burden to consumers since May 2020.
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Barring a few far-flung areas, which get a small portion of freight subsidy, the price of subsidised and non-subsidised LPG in major cities is almost at par. The price of domestic cooking gas has more than doubled in the last seven years. The retail selling price of domestic gas was ₹410.5 per 14.2-kg cylinder on March 1, 2014.