Centre cuts 19-kg commercial cylinder’s price by Rs 183.5
The move will provide a major relief to customers and ease inflation pressures.
The Central government has reduced the price of 19-kg commercial cylinder by Rs 183.5 after hiking the rates several times due to the Iran war, which had spiked global energy prices.
The move will provide a major relief to restaurants, hotels and other businesses that depend on commercial cooking gas and help ease inflation pressures.
The prices were slashed by Rs 183.5 in Delhi and Lucknow, by Rs 174 in Kolkata, Rs 173 Patna and Rs 181.5 in Chandigarh, according to media reports.
The new prices will come into effect from July 1 and the new rates will be applicable across major cities. A commercial cylinder in Delhi will now cost Rs 2,930, compared to the earlier price of Rs 3,113. In Chandigarh, the cylinder is priced at Rs 2,954.50, while consumers in Patna pay Rs 3,227. Kolkata saw the price fall to Rs 3,081.50 this month from Rs 3,255.50 in the previous month.
The price of 14.2-kg domestic gas cylinder remains unchanged.
India has relaxed LPG supply curbs for commercial and industrial users after fuel availability improved, the government had said last week.
The government has restored 50% of supplies to customers whose allocations had been suspended.
The decision follows efforts to diversify imports after disruptions to shipments from the Middle East, which supplied about 90% of India’s LPG imports before the conflict. India increased purchases from the US following the closure of the Strait of Hormuz.
US LPG imports are expected to exceed a record 1 million metric tons in June. The government also said India plans to produce at least 40,000 metric tons of LPG daily.
Earlier, supplies to some industries and commercial consumers were cut to prioritise household demand. LPG, a mix of propane and butane, is widely used as cooking fuel in India.
