LPG Commercial Cylinder Prices Slashed in Major Indian Cities, Check new rates
LPG Commercial Cylinder Prices Slashed in Major Indian Cities, Check new rates

LPG commercial cylinder prices have been reduced in Delhi, Mumbai, Kolkata, and Chennai. State-run Oil Marketing Companies (OMCs) have announced significant cuts in the prices of these gas cylinders in four major cities across the country. In Delhi, the price of a commercial gas cylinder has been decreased by Rs 57.50. As of November 16, 2023, the 19 kg blue commercial gas cylinder is now available for Rs 1775.50 in the national capital, down from its earlier price of Rs 1833.

This reduction in prices comes just ahead of the Chhath festival, providing relief to consumers. Similar reductions have been implemented in Kolkata, Mumbai, and Chennai. In Kolkata, the commercial LPG cylinder is now priced at Rs 1885.50, in Mumbai, it stands at Rs 1728, and in Chennai, it's priced at Rs 1942. These prices mark a decrease from the rates on November 1, where the cylinders were priced at Rs 1943 in Kolkata, Rs 1785.50 in Mumbai, and Rs 1999.50 in Chennai.

Earlier in November, there was a significant hike of Rs 101 in the price of the 19 kg commercial LPG gas cylinder across the country. This increase followed the previous hike of Rs 209 in October 2023. However, these price hikes were subsequent to reductions made effective from September 1, 2023.

In addition to the commercial gas cylinders, there has been a reduction in the price of domestic LPG gas cylinders. The government announced a substantial cut of Rs 200 for the 14.2 Kg LPG cylinder in all markets across the country starting from August 30, 2023. Consequently, the domestic cylinder is now available for Rs 903 in Delhi.

Hardeep Singh Puri, Minister of Petroleum and Natural Gas, highlighted that these price adjustments aim to alleviate financial challenges faced by households while supporting the government's broader objective of ensuring affordable access to essential items. As part of these reductions, consumers under the PM Ujjwala Yojana will continue to receive a subsidy of Rs 200 per cylinder credited to their accounts, as per a government release.

Govt Reduces Windfall Tax on Crude Oil and Diesel Exports

Join NewsTrack Whatsapp group
Related News