LPG Cylinder Price: Non-subsidised LPG or liquefied petroleum gas prices were hiked by up to Rs 4.50 per cylinder in metros with effect from Wednesday. This marks a second marginal increase in cooking gas rates, following three consecutive months of reduction. With effect from July 1, the price of non-subsidised LPG was raised by one rupee per cylinder (14.2 kilograms) in Delhi, Rs 4.50 per cylinder in Kolkata, Rs 3.50 per cylinder in Mumbai and Rs 4 per cylinder in Chennai, data from Indian Oil Corporation showed. Indian Oil – the country’s largest fuel retailer – supplies LPG under brand Indane.
Here are the latest rates of Indane non-subsidised LPG in the four metros:
|City||Price In Rupees Per 14.2 KG Cylinder|
|With Effect From June 1||Existing|
With effect from July 1, Indian Oil consumers in Delhi and Mumbai have to shell out Rs 594 and Rs 594 respectively for each refill of non-subsidised LPG – or cooking gas. In June, they paid Rs 593 and Rs 590.50 per cylinder respectively.
(Before the marginal hike on June 1, the LPG prices were lowered in the past three months)
Currently, the government subsidises 12 cylinders of 14.2 kilograms each per household in a year. The consumer has to make any additional purchases at the market price. The amount of subsidy – provided by the government on the annual quota of 12 refills – varies from month to month and is determined broadly by factors such as crude oil rates and foreign exchange.