Petroleum companies increased the price of a subsidised liquefied petroleum gas (LPG) cylinder from today onwards by Rs 25 per cylinder, news agency ANI reported. Now the government provides 12 subsidised LPG cylinders of 14.2 kilograms to a household every year.
This is the second price hike
However, within a month, this is the second price hike undertaken by the gas retailers. The gas companies had increased the rates of LPG cylinder by Rs 25 per cylinder on 18th of August.
Hike in the price
Furthermore, the rate of a 19kg commercial cylinder was raised by Rs 19 per cylinder and will now cost Rs 1,693 per cylinder, reported by ANI.
Oil manufacturing companies (OMCs) have increased the prices by Rs 25 of domestic LPG cylinders. Since today’s hike, cooking gas rates were hiked by Rs 25.50 in July as well while rates were kept intact for May and June.
Rates for different cities
After this hike, in July a non-subsidised 14.2 kg cylinder now sells for Rs 859.50 in Delhi and in Mumbai versus Rs 834.50. A non-subsidised 14.2 kg cylinder now costs Rs 886 in Kolkata while it costs Rs 875.50 in Chennai from August 17, 2021, these rates are effective.
However, LPG prices in the country are inferred by prevailing crude oil prices in international markets and rupee-dollar exchange rate.