Oil companies cut 19 KG commercial LPG cylinder price by Rs 19 today. Delhi's 19kg cylinder now costs Rs 1,745.50.
Torrent Gas has licences to operate city gas networks retailing CNG to automobiles and piped natural gas, called PNG, to household kitchens in 34 districts across the country, including in Chennai and Jaipur.
Cooking gas consumption growth would be the lowest in more than a decade, according to revised estimates for FY23. Industry executives and experts do not see any uptrend
After this change, a 19 kg of commercial LPG cylinder will now be priced at Rs 2,028 in Delhi. However, there have been no changes made in the prices of domestic LPG cylinders for now.
Domestic LPG price are vulnerable to global oil prices, forex rates and distribution costs
With this, the commercial cylinder price in Delhi is Rs 1,769 with effect from today. However, there is no increase in rates of domestic LPG cylinders.
Also, 5 kg domestic cylinder prices were increased by Rs 18. However, 19 kg commercial cylinder prices were cut by Rs 8.50.
There has been no change in domestic LPG cylinder prices. LPG Cylinder rates are revised monthly across all the states and union territories in India.
In 2021, LPG prices in India have climbed 49 percent, which is less than the 62 percent gain in international benchmark prices. Prices in Delhi are lower than in neighbouring Nepal and Pakistan but higher than Sri Lanka and Bangladesh.
After the price cut, the LPG cylinder will cost Rs 579 in Mumbai which was earlier Rs 714.50, in Kolkata the rate will be Rs 584.50 and in Chennai it will cost Rs 569.50.
UP Chief Minister Yogi Adityanath has directed all officials to immediately provide all possible relief and medical help to the injured persons
A 14.2-kg subsidised LPG cylinder will now cost Rs 493.53 in the national capital from midnight of Thursday as against Rs 494.99 currently, Indian Oil Corp (IOC), the country's largest fuel retailer, said in a statement.
Aviation turbine fuel (ATF) price has been cut by over 5 per cent, reversing a two-month rising trend, while rates of subsidised LPG were hiked by Rs 5.57 per cylinder.
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The price of non-subsidised or market-priced domestic cooking gas (LPG) was cut by Rs 5 to Rs 616 per 14.2-kg cylinder in Delhi, state-owned fuel retailers said.
Finance Arun Jaitley is all set to roll out a subsidy rationalization roadmap for liquefied petroleum gas (LPG) cooking cylinders in the Union Budget he will present this month.
A 14.2-kg cylinder of non-subsidised LPG will now cost Rs 708.50, down from Rs 752 previously, in Delhi, oil companies announced today.
This is the fifth straight reduction in rates of non-subsidised or market priced LPG, which the customers buy after exhausting their quota of 12 cylinders at subsidised rates, since August.
The commission paid to dealers was last week hiked by Rs 3 per 14.2-kg cylinder to Rs 43.71. Consequently, retail selling price of subsidised LPG too have been increased in the same proportion, officials said.
Diesel will now cost Rs 54.91 per litre in Delhi while the 14.2-kg cooking gas cylinder that consumers buy beyond their entitled 12 bottles at subsidised rates, will now cost Rs 1,134, down from Rs 1,241.
The Cabinet‘s decision today to increase the cap on LPG cylinders from nine to 12 got a thumbs-down from the Reserve Bank of India Governor Raghuram Rajan who said the government should be careful about “expanding misdirected subsidyâ€.
LPG in Delhi costs Rs 410.50 per 14.2-kg cylinder and after the increase it will cost Rs 413.96.
Industrial gases major Linde India, formerly known as BOC India, is targeting to double revenue in the next four years, a top official said today.
In good news for BPL cardholders and other marginalised sections, the Delhi Government today decided to increase the number of subsidised LPG cylinder for them from nine to 12.