LPG price hike: Commercial gas cylinder price hiked by Rs 266, no change in domestic LPG prices
LPG Price Hike: Ahead of Diwali, petroleum companies have increased the price of commercial liquefied petroleum gas (LPG) cylinders by Rs 266 from today. A 19 kg commercial cylinder in Delhi will cost Rs 2,000.50 from November 1, as against Rs 1,734 earlier. However, there has been no increase in the rates of domestic LPG cylinders.
“Petroleum companies have increased the price of commercial LPG cylinders by Rs 43. The cost of 19 kg commercial cylinder in Delhi is now ₹ 1736.50. On September 1, the price of commercial LPG cylinder was increased by Rs 75,” said ANI.
After this hike, the price of a commercial cylinder in Delhi crossed Rs 2,000, while the price of a 19 kg commercial cylinder in Mumbai was Rs 1,683, which is now Rs 1,950 after today’s hike.
In Kolkata, a 19 kg commercial cylinder now costs ₹2,073.50 and in Chennai, the cost of the product has gone up to ₹2,133.
In the policy of the government, there is a provision to supply 12 cylinders of 14.2 kg per family at subsidized or below market rates. Any quantity in excess of this was to be purchased at market price or at non-subsidised rates.
Earlier on October 6, state-owned oil companies had increased the rates of non-subsidised LPG gas cylinders. The prices of domestic LPG cylinders across all categories, including subsidized gas, were hiked by Rs 15 per cylinder last month.
On October 1, the subsidized and non-subsidised LPG rates were hiked by Rs 25 per cylinder.
Considering the rising crude oil prices, it is expected that the domestic LPG cylinder prices may soon cross the ₹1,000 mark.
Meanwhile, petrol and diesel prices were hiked across the country for the sixth consecutive day on Monday.
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