Friday, 2 August 2019

Non-subsidised LPG cylinder price cut down - Check rates here

The price of non-subsidised LPG in Delhi will go down by Rs 62.50 per 14.2 Kg cylinder from today (August 1, 2019) onwards. The rates have been decreased based on LPG prices in the international market and
US Dollar-Rupee exchange rate. 

Accordingly, the upfront cash payment by the consumers of domestic LPG will also reduce by Rs 62.50 per cylinder. Domestic LPG consumers will now be required to make an upfront cash payment of Rs 574.50 per 14.2 Kg cylinder in August 2019 instead of Rs 637 per cylinder for July 2019. 

Earlier on June 30, the cost of LPG cylinders was cut by Rs 100.50. With this reduction, the cost of cooking gas came down Rs 637 per cylinder from Rs 737.50. In total, the cost of non-subsidized LPG cylinders has decreased by Rs 163 in two months. In a month, the subsidized LPG price is Rs 494.35 per cylinder.

The Indian Oil Corporation (IOC) release stated, "The price of Non-Subsidised LPG at Delhi will decrease by Rs.62.50/14.2 Kg cylinder w.e.f. 1st August 2019 based on LPG prices in international market and US$-Rupee exchange rate. Accordingly, the upfront cash payment by the consumers of domestic LPG will also reduce by Rs.62.50/cylinder. Domestic LPG consumers will now be required to make upfront cash payment of Rs.574.50/- only per 14.2 Kg cylinder in August, 2019 in place of Rs.637.00/- per cylinder for July, 2019.

It may be noted that the price of Non-Subsidised LPG was reduced by Rs.100.50/cylinder earlier in July 2019 also. Considering this, the price of Non-Subsidised LPG cylinder has come down by Rs.163.00/cylinder cumulatively in two months."

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