LPG price cut: Commercial cylinder gets cheaper | Details here

The price of a 19-kg commercial LPG cylinder, used in hotels and restaurants, was cut to ₹1,859.50 in the national capital from ₹1,885.

Published on: Oct 1, 2022, 10:43:46 IST

By HT News Desk | Edited by Aniruddha Dhar, New Delhi

Prefer HTon Google

Share via

Copy link

Indian oil marketing companies on Saturday reduced the price of commercial LPG by ₹25.50 for a 19-kg cylinder in New Delhi with immediate effect, a day after prices of natural gas increased by a record 40 per cent in step with a global escalation in energy prices.

A worker sits inside a lorry, stacked with LPG cylinders . (PTI file)

Aviation turbine fuel (ATF) price was also slashed by 4.5 per cent.

Here are the top points on commercial LPG rates cut:

> The price of a 19-kg commercial LPG cylinder, used in hotels and restaurants, was cut to ₹1,859.50 in the national capital from ₹1,885.

> This is the sixth reduction in the price of commercial LPG since June.

> In all, rates have come down by ₹494.50 per 19-kg cylinder.

> Rates of LPG used in household kitchens for cooking purposes remained unchanged at ₹1,053 per 14.2-kg cylinder.

> Commercial LPG rates have largely been aligned with cost and so they have moved in tandem with the rise and fall in international prices.

> The rates of aviation turbine fuel (ATF) were cut marginally by 4.5 per cent. Jet fuel price was cut by ₹5,521.17 to ₹115,520.27 per kl in New Delhi.

> Rates differ from state to state depending on the incidence of local taxes.

> In Kolkata, it has been slashed to ₹1,959 and in Mumbai, it will now cost ₹1811.50.

(With inputs from agencies)

ABOUT THE AUTHOR
HT News Desk
Follow the latest breaking news, major developments and agenda-setting stories from India and around the world with the newsdesk at Hindustan Times. Operating round the clock, the desk brings together experienced editors, reporters and correspondents to deliver fast, accurate and contextual reporting across subjects that influence public policy, governance, business, society and international affairs. The HT News Desk covers politics, elections, government policies, the economy, business and markets, science and technology, the environment, law and order, infrastructure, education, climate issues and geopolitics, while closely tracking developments across states, institutions and global capitals. The team also leads coverage of major breaking news events, policy announcements, court proceedings, natural disasters, public emergencies and significant international developments. Reports published by the newsdesk are based on information gathered from reporters on the ground, official statements, government agencies, court records, regulatory filings, recognised institutions and other authoritative sources. Stories undergo editorial scrutiny and verification processes to ensure accuracy, fairness and relevance, and are updated as events evolve and additional information becomes available. Whether covering a key political decision in New Delhi, an economic policy shift affecting millions, a landmark court ruling or a major global event, the HT News Desk aims to provide readers with reliable, fact-based journalism that delivers not only the latest developments but also the context and analysis needed to understand their wider implications.Read More

Stay updated with the latest Business News on Petrol Price, Gold Rate, Silver Rates, Diesel Prices along with Income Tax Calculator