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State-run oil marketing companies (OMCs) have increased the prices of 19 kg commercial LPG gas cylinders by ₹25 with effect from today (1 March, Friday). With the latest price hike, the retail price of a 19 kg commercial gas cylinder stands at ₹1,795 in Delhi. In Mumbai, a 19 kg cylinder will be sold for ₹1,749 from today. And, in Chennai and Kolkata, the cost of commercial LPG gas cylinders has surged to ₹1,960 and ₹1,911, respectively.
This is the second time in a row, the state-run firms have increased the cost of commercial gas cylinders. On 1 February, rates of a 19-kg gas cylinder were up by ₹14.
Commercial LPG price cut by up to ₹39.5 per cylinder
The oil companies hiked the commercial gas cylinder rates was on 1 December 2023 by ₹21 in various locations across the country.
However, on the eve of New Year 2024, the prices of the 19-kg commercial cooking gas were slashed by ₹39.50 per cylinder.
LPG price hike: Govt increases commercial cylinder rates. Check details here
State-owned Indian Oil Corporation (IOC), Bharat Petroleum Corporation Ltd (BPCL) and Hindustan Petroleum Corporation Ltd (HPCL) revise cooking gas prices on the 1st of every month based on the average international price in the previous month.
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Published: 01 Mar 2024, 08:33 AM IST
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