HomeCURRENT AFFAIRSBUSINESSLPG cooking gas cylinder prices hiked by ₹15

LPG cooking gas cylinder prices hiked by ₹15

The prices of domestic Liquefied Petroleum Gas (LPG) cylinders across all categories including subsidised gas on Wednesday were hiked by Rs 15 per cylinder. This is the fourth straight increase in rates in less than two months.

In Delhi, the price of a non-subsidized 14.2 kg cylinder costs Rs 899.50. While 5Kg cylinder price stands at Rs 502. From today, October 6, the new price will be effective.

In Mumbai, domestic cooking gas cylinder will cost you Rs 899.50 as well. A LPG cylinder will be available at Rs 926 in Kolkata, highest among the metro cities in India. In Chennai, a 14.5 kg cooking gas will be priced at Rs 915.50.

It has gone up to Rs 893.50 in Gurugram, Rs 974.50 in Patna, Rs 882.50 in Noida, Rs 886 in Bhubaneshwar, Rs 937 in Hyderabad, Rs 922.50 in Lucknow and Rs 888.50 in Jaipur.

Prior to the latest hike, the price of non-subsidised LPG gas cylinder was hiked by Rs 25 on September 1, 2021, and before that, it was hiked by another Rs 25 per cylinder on August 17, 2021, data available on the Indian Oil Corporation’s website showed.

The exchange rate of the rupee against the dollar and the global benchmark rate are the two main factors that influence the LPG cylinders price in India. Up to 12 cylinders can be taken by a household every year at subsidised rates. The market price will be charged in the case of more cylinders. Based on the previous month’s international market price, LPG rates in India are determined.

Also Read: Petrol and diesel prices hiked today on 06 October 2021

(With inputs from ANI)

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