LPG Cylinder Price Hike: The prices of LPG cooking gas cylinders rise once again. From today, September 1, 2021, the price of domestic LPG gas cylinder has been decided to rise by Rs 25. With this, the price of 14.2 kg LPG cylinder in Delhi becomes Rs 884.50.

COMMERCIAL BREAK
SCROLL TO CONTINUE READING

See Zee Business Live TV Streaming Below:

It can be noted that oil companies review the price of LPG on the 1st and 15th of every month. Earlier, the price of LPG gas cylinder was hiked on August 18, 2021. Before that the price was hiked on July 1, 2021.

LPG prices were increased in February, March and then in July. At the beginning of 2021, the price of an LPG cylinder in Delhi was Rs 694. The price was first increased to Rs 719 per cylinder in February. Further, on February 15, the price was increased to Rs 769. Meanwhile, on February 25, the price of the LPG cylinder was reduced to Rs 794, according to a report by ANI.

In March, the price of the LPG cylinder shot up to Rs 819. And finally, after the reduction of Rs 10 in early April, the price of domestic LPG in Delhi had gone up to Rs 809. But with the hike in July and no in August, the prices of LPG cylinders increased by Rs 165.50 in 2021, ANI report added.

As per a report by ANI, the LPG prices have doubled in last seven years. An LPG refill which cost Rs 410.50 per cylinder on March 1, 2014, now costs Rs 859.50, which is more than double.

As per the IOCL website, the non-subsidised prices of Indane in the metro cities from August 17, 2021, for 14.2 kg cylinder are as follows:

1) Delhi - Rs 859.50

2) Kolkata - Rs 886.50

3) Mumbai - Rs 859.50

4) Chennai - Rs 875.50

With the hike in the price of domestic LPG cylinder by Rs 25, the above-mentioned prices will also rise across different cities.