HomeCURRENT AFFAIRSBUSINESSLPG cylinder price hike: OMCs raise commercial cylinder prices by Rs 25

LPG cylinder price hike: OMCs raise commercial cylinder prices by Rs 25

LPG cylinder price hike: Oil Marketing Companies (OMCs) surprised customers on the first day of the New Year 2023 by raising the price of LPG cylinders. They have raised the prices of commercial cylinders by up to Rs 25. Domestic cylinder rates, on the other hand, have not altered and will continue to sell at their current levels.

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Increase in commercial LPG cylinder prices:

On January 1, 2023, OMCs increased commercial cylinder rates by up to Rs 25. Dining out at restaurants, hotels, and other establishments will become more expensive as a result of the change. However, it will have no effect on commoners’ budgets because residential LPG cylinder costs remain unaltered.

Check out the most recent commercial gas cylinder rates in major cities here:

Rs 1768 per cylinder in Delhi

Rs 1721 per cylinder in Mumbai
Rs 1870/cylinder in Kolkata

Rs 1917 per cylinder in Chennai

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Examine the prices of household LPG cylinders in four metropolitan areas:

Delhi – Rs. 1053

Mumbai: Rs.1052.5

Kolkata: Rs 1079 

Chennai: Rs. 1068.5

OMCs raised domestic cylinder pricing for the last time on July 6, 2022. It was raised to Rs 153.5 in total. Prices have been raised four times. OMCs first raised Rs 50 in March 2022, then raised Rs 50 and Rs 3.50 in May. Finally, in July of last year, it raised residential cylinder pricing by Rs 50.

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