Last Update: September 01, 2022, 12:17 IST
LPG cylinder price cut: Know the new rates here. (Image: Shutterstock)
With this rate cut, the price of commercial LPG cylinder has come down from Rs 1976.50 to Rs 1885.00.
lpg cylinder becomes cheaper According to the Indian Oil Corporation website, the prices of 19 kg LPG cylinders have been cut by Rs 91.50, state-owned fuel retailers said in a notification on Thursday, September 1. The new prices have come into effect from today. With this, the price of commercial cylinder has come down to Rs 1,885.00 from the earlier Rs 1,976.50. However, there has been no change in the price of domestic LPG cylinder i.e. 14.2 kg cylinder.
The price of 19 kg LPG cylinder in Mumbai will now be Rs 1,844 instead of Rs 1,936.50. A 19 kg cylinder will be available in Kolkata for Rs 1,995, which was Rs 2,095.50 earlier. It will now cost Rs 2,045 in Chennai. Rates vary from state to state based on local VAT. According to Indian Oil Corporation (IOCL), prices have been reduced in the same range in other metros as well. Commercial LPG rates are revised once a month.
This price revision will benefit hotels, restaurants and other commercial establishments that use gas cylinders. However, there is no relief for the households as there has been no change in the price of domestic LPG cylinders.
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