LPG Price Cut: Commercial Gas Cylinder Becomes Cheaper by ₹51.5 From Today, Check City-Wise Rates
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Oil Marketing Companies (OMCs) have reduced the price of 19 kg commercial LPG cylinders by ₹51.50 with effect from Monday, September 1. However, the cost of the commonly used 14.2 kg domestic cylinders remains unchanged.
Revised Prices Across Cities
For households, the 14.2 kg domestic cylinder continues to cost:
These domestic rates have remained unchanged since April 8, according to Indian Oil Corporation (IOC).
The price difference between states is largely due to local taxes and transportation charges. Frequent changes in LPG rates continue to play a crucial role in shaping both business costs and household budgets.
With international crude prices expected to remain volatile, further LPG rate revisions are likely in the coming months, directly impacting consumers and businesses across India.
Revised Prices Across Cities
From September 1, the new price of a 19 kg commercial cylinder in Delhi stands at ₹1,580, down from ₹1,631.50. In other metro cities, prices have also dropped:
- Kolkata: ₹1,684
- Mumbai: ₹1,531.50
- Chennai: ₹1,738
For households, the 14.2 kg domestic cylinder continues to cost:
- Delhi: ₹853
- Mumbai: ₹852.50
- Kolkata: ₹879
- Chennai: ₹868.50
These domestic rates have remained unchanged since April 8, according to Indian Oil Corporation (IOC).
What the Price Revision Means
LPG prices are revised regularly, depending on global crude oil trends, foreign exchange fluctuations, and transportation costs. While the latest cut provides relief to hotels, restaurants, and small businesses that rely on LPG for daily operations, households will not feel any impact as domestic prices remain steady.The price difference between states is largely due to local taxes and transportation charges. Frequent changes in LPG rates continue to play a crucial role in shaping both business costs and household budgets.
Government Steps for Stability
To shield oil companies from global volatility, the Union Cabinet on August 8 approved a ₹30,000 crore compensation package. The amount will be disbursed in twelve installments to ensure price stability in the domestic LPG market. Union Petroleum Minister Hardeep Singh Puri welcomed the move, calling it a strong measure to keep fuel prices steady despite global uncertainties.With international crude prices expected to remain volatile, further LPG rate revisions are likely in the coming months, directly impacting consumers and businesses across India.
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