LPG given big shock to common man ahead of Diwali, the petroleum companies have hiked the price of commercial Liquefied Petroleum Gas (LPG) cylinders by Rs 266 from today onwards. Commercial cylinders of the 19 kg in Delhi will cost Rs 2,000.50 from November 1 onwards which was costing rs 1,734 earlier.
However, there is no increase in rates of domestic LPG cylinders. “Petroleum companies increase the price of commercial LPG cylinders by Rs 43. Price of a 19 kg commercial cylinder in Delhi now Rs 1736.50. On Sept 1st, the price of commercial LPG cylinder was increased by Rs 75,”.
After this hike, the commercial cylinder price in Delhi crossed the Rs 2,000 mark while in Mumbai, a 19 kg commercial cylinder, which was sold at Rs 1,683, now costs Rs 1,950 after today’s hike. In Kolkata, a 19-kg commercial cylinder now costs Rs 2,073.50 and in Chennai price of this product has increased to Rs 2,133.
The government policy provides for the supply of 12 cylinders of 14.2-kg each per household at subsidized or below-market rates. Any quantity over this had to be bought at market price or non-subsidized rates.
Earlier, on October 6, state-owned oil companies had increased the rates of non-subsidised LPG gas cylinders. The prices of domestic LPG cylinders across all categories including subsidised gas were hiked by Rs 15 per cylinder last month.
Subsidised and non-subsidised LPG rates were hiked by Rs 25 per cylinder on October 1. Keeping in view the rising prices of crude oil, it is expected that domestic LPG cylinder prices may cross the Rs 1,000 mark soon.
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