LPG cylinder price: Huge increase in LPG prices, highest price in 5 years - watsupptoday.com
LPG cylinder price: Huge increase in LPG prices, highest price in 5 years
Posted 12 Feb 2020 03:52 PM

Source : Hindustan Times

The budget of the kitchen is going to increase from today, because the price of LPG cylinder without subsidy has increased. LPG cylinders (non-subsidized LPG cylinders) have increased by about Rs 150 since Wednesday, 12 February 2020. Talking about the big metros of the country, according to the website of Indian Oil, the price of 14 kg Indane gas cylinder in Delhi has increased by Rs 144.50 to Rs 858.50. According to an IANS report, this is the highest increase in the prices of LPG Cylinder in 5 years.

In Kolkata, its price has increased by Rs 149, making it Rs 896. Talking about Mumbai, LPG gas cylinders will now be available for Rs 829.50 with a speed of Rs 145. At the same time, Chennai people will now have to pay Rs 147 more for non-subsidized LPG gas cylinders. Here now its price has been Rs 881.

Prices of non-subsidized 14 kg Indane gas in metros, applicable from today: In Delhi price rises to Rs 858.50 (increase by Rs 144.50), in Kolkata - Rs 896.00 (increase by Rs 149), in Mumbai - Rs 829.50 (increase by Rs 145), in Chennai - Rs 881.00 (increase by Rs 147.

There was no change in the price of non-subsidized LPG cylinders since January 1, 2020. Fuel retailers fix LPG cylinder prices every month. Significantly, Indian Oil supplies 3 million Indane gas cylinders per day in the country.

The price of LPG cylinders in India depends on two things. The first is the international benchmark rate of LPG and the second is the exchange rate of US dollars and rupees.

Let us tell you that fuel retailers sell LPG cylinders at the market price, but the government provides subsidy directly to each family in 12 cylinders every year.

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