LPG price in Delhi hiked: Here is how much Indane Gas cylinder will cost you now
The domestic cooking gas price in Delhi has been hiked for June, as India slowly recovers from coronavirus and starts the unlocking process. The new prices come into effect from June 1, i.e., today.
The domestic cooking gas price in Delhi has been hiked for June, as India slowly recovers from coronavirus and starts the unlocking process. The new prices come into effect from June 1, i.e., today. After the latest hike, the price of non-subsidized liquefied petroleum gas (LPG) cylinder in Delhi has been increased by Rs 11.50 for an Indane gas cylinder.
"For the month of June 2020, there has been an increase in international prices of LPG. Due to the increase in the prices in the international market, the RSP of LPG in Delhi market will be increased by Rs 11.50 per cylinder,” the Indian Oil Corporation said on its website on Sunday night.
The price hike doesn’t apply to the beneficiaries of the Pradhan Mantri Ujjwala Yojana (PMUY).
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"However, this increase will not impact the Pradhan Mantri Ujjwala (PMUY) beneficiaries, as they are covered by the Pradhan Mantri Garib Kalyan Yojana, and entitled to a free cylinder till June 30th," the statement added.
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As per IOC website, Indane is available in compact 5 kg cylinders for rural, hilly and inaccessible areas, 14.2 kg cylinders for domestic use, and 19 kg and 47.5 kg for commercial and industrial use. The price hike comes with the increase in demand for petroleum products. The fuel retailers revise prices of LPG cylinders on the first day of every month. The price is primarily dependent on the international benchmark rate of LPG and Dollar-rupee exchange rate.
Last month, the customers got a major relief when the Retail Selling Price (RSP) of LPG in Delhi market was reduced from Rs 744 to Rs 581.50 per cylinder for all consumers in line with a drop in international prices.