The petroleum and oil marketing companies have slashed the price of Commercial LPG cylinders with immediate effect on Monday. The price of a 19 kg commercial LPG cylinder has been cut by ₹171.50, news agency ANI reported citing sources. However, the price of domestic LPG cylinders remains unchanged.
The retail sale price of a 19 kg LPG cylinder in Delhi will now cost ₹1,856.50, while in Mumbai it will cost ₹1,808 from the earlier ₹1,980. In Kolkata, the commercial LPG cylinder will cost ₹1,960.50 from the earlier ₹2,132.00. In Chennai, it will cost ₹2,021 from the earlier ₹2,192.
As compared to domestic LPG cylinders, the prices of commercial gas tend to fluctuate more. Last month, the rate of commercial gas cylinders were cut by ₹92 on the first day of the fiscal year 2024. While in March, the prices of commercial LPG cylinders were hiked by ₹350.50 per unit and domestic LPG cylinders by ₹50 per unit. In January, it was increased by ₹25.
In 2022, the prices of domestic LPG cylinders was hiked four times, and reduced three times.
On September 1 last year, the prices of the commercial cylinders were reduced by ₹91.50, while in August it was reduced by ₹36. In July, the rates were cut by ₹8.5 per unit.
(With inputs from ANI)
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