Amid of LokSabha Election Voting, LPG gas prices hiked from May 1, 2019; check current price list here

May 01 2019 12:09 PM
Amid of LokSabha Election Voting, LPG gas prices hiked from May 1, 2019; check current price list here

In recent turn, Amid of Election LPG or liquefied petroleum gas prices were hiked with effect from Wednesday, May 1. While the subsidised LPG prices were increased by 28 paise per cylinder (14.2 kilograms) in Delhi and 29 paise per cylinder in Mumbai, the non-subsidised rates were increased by Rs. 6 per cylinder each in the two metros, according to data from Indian Oil Corporation. State-run Indian Oil Corporation (IOC) is the country's largest fuel retailer which supplies LPG under brand Indane.

Here's how the LPG price has changed with effect from May 1, 2019:

Non-subsidised LPG cylinder price

Effective cost to consumer without subsidy from May 1, 2019

Metro         Price per cylinder (14.2 Kg)

Delhi Rs. 712.50

Kolkata      Rs. 738.50

Mumbai     Rs. 684.50

Chennai     Rs. 728.00

With effect from May 1, non-subsidised LPG prices stood at Rs. 712.5 per cylinder in Delhi, Rs. 738.5 per cylinder in Kolkata, Rs. 684.5 per cylinder in Mumbai and Rs. 728 per cylinder in Chennai, according to Indian Oil Corporation, which supplies the cooking gas under brand Indane.

Subsidised LPG cylinder price

Effective cost to consumer after subsidy from May 1, 2019

Metro         Price per cylinder (14.2 Kg)

Delhi Rs. 496.14

Kolkata      Rs. 499.29

Mumbai     Rs. 493.86

Chennai     Rs. 484.02

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Subsidised LPG rates stood at Rs. 496.14 per cylinder in Delhi, Rs. 499.29 per cylinder in Kolkata, Rs. 493.86 per cylinder in Mumbai and Rs. 484.02 per cylinder in Chennai, according to Indian Oil.

Change in LPG cylinder prices so far this year

However, it is worth mention here that non-subsidised LPG prices in the four metros have been lowered in the range of Rs. 96-98.5 per cylinder so far this year. Subsidised LPG rates have been lowered by Rs. 4.71-4.83 per cylinder during this period, the data showed. Currently, the government subsidises 12 cylinders of 14.2-kg each per households in a year by providing the subsidy amount directly in the bank accounts. For any additional purchases, the consumer has to bear the market price. This subsidy amount varies from month to month depending on the changes in the average international benchmark LPG and foreign exchange rates.

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