The price of the LPG cylinder increased by 50 Rs; Check rates in Delhi and other subway cities

The prices of unsubsidized liquefied petroleum gas (LPG) cylinders have been substantially increased in major Indian cities. The price of the non-subsidized LPG cylinder of 14.2 kg, which is used for domestic purposes, has increased by Rs 50 in the metro cities, including Delhi, Mumbai, Kolkata and Chennai. In Delhi and Mumbai, the 14.2 kg cylinder now costs Rs 644, while in Kolkata it is priced at Rs 670.

The rate of commercial cylinders has also increased. The 5 kg LPG commercial cylinder now costs Rs 18 in all cities. The price of 19 kg LPG also increased by Rs 36.50 to reach Rs 1296 in Delhi. In Mumbai, the price is 1244 Rs and in Kolkata 135 Rs. Of the subways, it is the most expensive in Chennai, reaching Rs 1410.50, according to data from Indian Oil Corporation.

The domestic and commercial LPG rate is determined by state-run oil companies. IOCL, the country’s largest retailer, supplies LPG under the Indane brand name.

Earlier this month, when monthly LPG rates were revised, prices remained unchanged from the November 1 level. It was the fifth consecutive month in which prices remained constant. However, the mid-month price review indicates a change from normal practice.

Previously, the price of a subsidized LPG of 14.2 kg was Rs 594 in Delhi. In Kolkata, it was Rs 620.50, in Mumbai 594 Rs and Rs 610 in Chennai.

Indian households can benefit from purchasing LPG cylinders at subsidized rates for a maximum of 12 cylinders in a year. At the time of purchase, customers are required to pay the full price. The subsidy is subsequently credited to the customers’ bank accounts by the government.

Some concerns about non-payment of subsidies have been raised by several customers since May. This was primarily attributed to the collapse of the international oil price, and the increase in the domestic refill rate reduced the gap between market and subsidized rates.

Source