New Delhi, Mar 7: The government has increased the prices of domestic LPG cylinders by Rs 60 and commercial cylinders by Rs 114.5 amid rising global energy costs linked to the ongoing conflict in West Asia.
According to the Indian Oil Corporation (IOC) website, the price of a 14.2-kg non-subsidised LPG cylinder used by most households has risen to Rs 913 in Delhi from the earlier Rs 853. The revised rates came into effect from March 7 and mark the second price hike in less than a year.
Industry officials said the increase follows a sharp rise in global energy prices after the outbreak of military conflict in West Asia. Despite the hike, they noted that cooking gas in India remains cheaper compared to several neighbouring countries.
In other metros, the price of a non-subsidised LPG cylinder now stands at Rs 912.50 in Mumbai, Rs 939 in Kolkata and Rs 928.50 in Chennai, as per IOC data. Rates vary across states depending on the level of local sales tax or VAT.
This is the second increase in domestic LPG prices in the last 11 months. The previous revision was in April last year when rates were raised by Rs 50 per cylinder.
Meanwhile, beneficiaries of the Ujjwala Yojana — over 10 crore poor households provided free LPG connections since the scheme’s launch in 2016 — will continue to receive a subsidy of Rs 300 per 14.2-kg cylinder for up to 12 refills annually.
The price of commercial LPG cylinders used by hotels, restaurants and other establishments has also been increased by Rs 114.5 per 19-kg cylinder, taking the retail price in Delhi to Rs 1,883. The latest revision comes just days after a Rs 28 increase on March 1.
With the latest hike, commercial LPG cylinder prices have gone up by Rs 302.50 so far this year. (Agencies)
