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The new price will be effective from today and the 19 Kg commercial LPG gas cylinders will be sold at Rs 1,522.5 in New Delhi, according to the IndianOil website.
The commercial LPG gas cylinder will now cost Rs 1,522.5 in Delhi, Rs 1,636 in Kolkata, Rs 1,504.5 in Mumbai, and Rs 1,695 in Chennai.
On August 30, the price of a Domestic LPG gas cylinder was reduced by Rs 200 by the central government as a Rakhsha Bandhan gift to women of the country.
Monthly revisions for both commercial and domestic LPG (liquefied petroleum gas) cylinders occur on the first day of each month, with the new rates becoming effective from September 1.Earlier in August, the prices of commercial LPG cylinders were slashed by Rs 99.75 by the OMCs. In July, the prices of commercial LPG gas cylinders were increased by Rs 7 each.Before this hike, there had been two consecutive price cuts for commercial LPG cylinders which were in May and June this year. While in May OMCs reduced the price of a commercial LPG cylinder by Rs 172, in June it was reduced by Rs 83.
In April, too, their prices were reduced by Rs 91.50 per unit.
Petroleum and oil marketing companies had on March 1 this year hiked the prices of commercial LPG cylinders by Rs 350.50 per unit and domestic LPG cylinders by Rs 50 per unit.
(inputs from ANI)
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