Domestic LPG price hiked by Rs 50; check revised LPG cylinder prices here
The prices of domestic Liquefied Petroleum Gas (LPG) cylinders have been hiked by Rs 50 per 14.2 kg unit by the oil marketing companies (OMCs). This is the first hike in the domestic LPG cylinders since July 2022.
With this price hike, the domestic 14.2 kg cylinder is now cost Rs 1,103 in Delhi, Rs 1,102.50 in Mumbai, Rs 1,129 in Kolkata, and Rs 1,118.50 in Chennai. The revised prices are in effect from today, March 1.
On the other hand the prices of commercial LPG cylinders have also been hiked by Rs 350.50 per 19 kg unit in Delhi to Rs 2,119.50 with corresponding changes in other parts of the country.
Notably, the last price hike was made in the domestic LPG cylinders in July last year when the Global crude oil and fuel prices had drastically increased due to Russia’s invasion of Ukraine. The public sector OMCs—IOC, Bharat Petroleum Corporation, and Hindustan Petroleum Corporation freeze the regular revisions in the prices of petrol, diesel and domestic LPG in a bid to shield consumers from high fuel price volatility. The extreme fuel price volatility has now subsided to a large extent.
Due to the halt in the regular price revision the OMCs suffered heavy losses as they were selling the fuel and LPG gas below global prices. In October, the Centre gave a one-time special grant of Rs 22,000 crore to the three companies to compensate them for their losses on domestic LPG sales.
Also Read: Shocking: Dog enters Rajasthan hospital, kills month-old infant
Rate of LPG cylinders in other cities
New Delhi- Rs 1,103.00, Kolkata- Rs 1,079.00, Mumbai- Rs 1,052.50, Chennai- Rs 1,068.50, Gurgaon- Rs 1,061.50, Noida- Rs 1,050.50, Bangalore Rs- 1,055.50, Bhubaneswar- Rs 1,079.00, Chandigarh Rs 1,112.50, Hyderabad- Rs 1,105.00, Jaipur Rs 1,056.50, Lucknow- Rs 1,090.50, Patna- Rs 1,201.00, Trivandrum- Rs 1,062.00.
