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Commercial LPG cylinder prices hiked 21 from today. Check latest rates

This latest revision comes after ₹100 increase on November 1, and a subsequent reduction of ₹57 on November 16.

Published on: Dec 01, 2023 11:19 AM IST
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The Oil Marketing Companies (OMCs) on Friday hiked the prices of commercial LPG cylinders by 21 per cylinder in its monthly revision of prices across the country. The 19 kg cylinder would now cost 1,796 from 1,775.50 in Delhi effective from December 1.

Oil marketing companies have increased the price of commercial LPG cylinders. (PTI)
Oil marketing companies have increased the price of commercial LPG cylinders. (PTI)

Prices for the commercial cylinder in Mumbai, Kolkata, and Chennai have also been revised.

CITYPRICE (Rs/cylinder)
Chennai1,968,5
Mumbai1,749
Kolkata1,908

This latest revision comes after 100 increase on November 1, and a subsequent reduction of 57 on November 16. In October, the prices were increased by 209 per cylinder across the country. The price of both commercial and domestic LPG cylinders undergoes monthly revisions on the first day of each month.

The prices of domestic LPG cylinders were last revised in August when they were slashed by 200 per cylinder. For Pradhan Mantri Ujjwala Yojana (PMUY) beneficiaries, the price drop of an LPG cylinder is pegged at 500— 200 as a price cut and 200 as an existing subsidy, which the Union cabinet approved an increase, raising it from 200 to 300 per cylinder for approximately 96 million low-income households.

State-owned Indian Oil Corporation (IOC), Bharat Petroleum Corporation Ltd (BPCL) and Hindustan Petroleum Corporation Ltd (HPCL) revise cooking gas and ATF prices on the 1st of every month based on the average international price in the previous month.

 
ABOUT THE AUTHOR
Shobhit Gupta

By giving the opinions of the uneducated, journalism keeps us in touch with the ignorance of the community. News Editor with 3 years of experience in the digital news world. If not on desk, you can find me wandering for the unexplored places.

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