State-owned Indian Oil Corporation (IOC), Bharat Petroleum Corporation Ltd (BPCL) and Hindustan Petroleum Corporation Ltd (HPCL) revise cooking gas and ATF prices on the 1st of every month, based on the average international price in the previous month.
Oil Marketing Companies have increased the price of 19 kg commercial LPG gas cylinder by Rs 209. The new prices will come into effect from today, sources informed.
According to sources, the Centre may make the announcement about the price cut of LPG cylinders in the next 24 hours which will be a big relief for the middle class.
Assam LPG transporters strike: The Northeast Packed LPG Transporter Association (NEPLTA) has alleged that their long-pending demands have been ignored by the Indian Oil Corporation Limited (IOCL).
After the revision of rates, a 14.2kg LPG cylinder will now cost Rs 1003 in Delhi. In Kolkata, the rates have been revised to Rs 1029 per cylinder, and in Chennai a cylinder will cost Rs 1018.5 after the rate hike.
New Delhi, Nov 30: Government is considering raising cap on supply of subsidised LPG cylinders and a decision will be taken in the “next few days”, Petroleum and Natural Gas Minister M. Veerappa Moily said
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