Non-Subsidised LPG Price Cut By Up To Rs 65 Per Cylinder In Metros

Currently, the government subsidises 12 cylinders of 14.2 kilograms each per household in a year. The consumer has to make any additional purchases at the market price.

Non-Subsidised LPG Price Cut By Up To Rs 65 Per Cylinder In Metros

In Delhi, non-subsidised LPG has become cheaper by a cumulative Rs 114.5/cylinder in two months

Non-subsidised LPG or liquefied petroleum gas prices were reduced by up to Rs 65 per cylinder in metros on Wednesday. That marked a second consecutive month of cut in the cooking gas rates. With effect from April 1, the price of non-subsidised LPG was decreased by Rs 61.5 per cylinder (14.2 kilograms) and Rs 62 per cylinder in Delhi and Mumbai respectively, data from Indian Oil Corporation showed. Indian Oil - the country's largest fuel retailer - supplies LPG under brand Indane.

Here are the latest prices of Indane non-subsidised LPG in the four metros: 

CityPrice In Rupees Per 14.2 KG Cylinder
With Effect From April 1Existing
Delhi744805.5
Kolkata774.50839.5
Mumbai714.50776.5
Chennai761.50826
(Source: iocl.com)

With effect from April 1, Indian Oil consumers in Delhi and Mumbai have to shell out Rs 744 and Rs 714.50 respectively for each refill of non-subsidised LPG - or cooking gas. Until now, they were paying Rs 805.50 and Rs 776.50 per cylinder respectively. 

Taking into account the reduction in March, the price of non-subsidised cooking gas in Delhi has been lowered by a cumulative Rs 114.5 per cylinder so far. Prior to the current cycle of downward revisions, the prices were raised in past six months.

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Currently, the government subsidises 12 cylinders of 14.2 kilograms each per household in a year. The consumer has to make any additional purchases at the market price. 

The amount of subsidy - provided by the government on the annual quota of 12 refills varies from month to month - is determined broadly by factors such as the rates of crude oil and foreign exchange (rupee vs dollar).

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