LPG Price Hike - Latest News Update, Information, Photos & Videos on LPG Price Hike at Lokmat Times

The price of cooking gas or domestic LPG cylinder has been hiked by Rs 50 per cylinder, Union Oil Minister Hardeep Singh Puri said on Monday. The price has been increased for both subsidised and general category customers." The price of 14.2 kg LPG will go on to increase from 500 to 550 under Ujwala and from 803 to 853 for non-Ujwala users," said Mr Puri. Last week, the prices of commercial LPG gas cylinders were reduced by Rs 41. The price revision impacted restaurants, hotels and other commercial establishments that use these cylinders for daily operations. The revised prices will come into effect from April 8.He added that the revision is subject to periodic review, typically every 2–3 weeks. Puri also clarified that the recent excise duty hike on petrol and diesel is not aimed at burdening consumers. Instead, it is intended to help offset a Rs 43,000 crore loss incurred by oil marketing companies due to subsidised gas prices. The development comes just days after oil marketing companies (OMCs) reduced the price of 19-kg commercial LPG cylinders by Rs 41.Following the revision, the revised retail price of commercial LPG in Delhi is Rs 1,762. This comes as a relief, as OMCs had increased commercial LPG cylinder prices by Rs 6 across major cities on March 1.

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Lpg Price Hike, NewsFOLLOW

Lpg price hike, Latest News

National :LPG Price Hike: Cooking Gas Price Hiked By Rs. 50 For All Consumers

The price of cooking gas or domestic LPG cylinder has been hiked by Rs 50 per cylinder, Union Oil ... ...