Commercial LPG cylinder price slashed by Rs.171.5
Commercial LPG cylinder price slashed by Rs.171.5
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NEW DELHI: Commercial Liquefied petroleum gas (LPG) prices today,  May 1, were cut by Rs. 171.5 per 19 kg in line with softening international trend. With this cut, a 19-kg commercial LPG cylinder now costs Rs. 1,856.5 in Delhi, as per State-owned oil companies. Notably, this is the second consecutive reduction in rates.

Prices were reduced by Rs. 91.5 per 19-kilogram cylinder on April 1. Petroleum and oil marketing companies had on March first this year hiked the prices of commercial LPG cylinders by Rs. 350.50 per unit and domestic LPG cylinders by Rs. 50 per unit.

Earlier, the prices of the commercial cylinders were reduced the last time in September 1 , 2022 by Rs. 91.50.

On August 1, 2022, also, the prices of commercial LPG cylinders were reduced by Rs. 36. Prior to that, on July 6, rates for the 19-kilogram commercial cylinder were reduced by Rs. 8.5 per unit. 

It is to be noted that the PM Ujjwala Yojana provided 9.58 crore impoverished people with free LPG connections a subsidy of Rs 200 per cylinder. The actual cost per cylinder for them will be Rs 903. Depending on local taxes, rates vary from state to state.

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