This is the second price hike in the month of February. The oil marketing companies had increased the price of non-subsidised LPG cylinders by Rs 25 in metro cities on February 4.
The Indian Oil Corporation (IOC) announced that the prices of non-subsidised liquefied petroleum gas (LPG) cylinders across the country will increase by Rs 50. This is the first time in five months that the prices of non-subsidised LPG gas cylinders have seen a spike.
From November 1, customers will be required to furnish a one-time password (OTP) to get their LPG Cylinders home delivered. Delivery Authentication Code (DAC), as a pilot project is already underway in Jaipur in Rajasthan. It will be implemented in 100 smart cities first.
LPG cylinder price hiked: LPG cylinder prices sharply hiked and the new rates would be applicable from today. State-run oil marketing companies today hiked the price of non-subsidised liquefied petroleum gas (LPG) cylinders across metro cities.
You may not have noticed it but the price of subsidised cooking gas rose by an average of Rs 10 per cylinder in the July-January period of current fiscal taking the price paid by the common man for fuel closer to market rates.
In a relief for the LPG consumers, the price of non-subsided LPG cylinders have been cut by Rs 62.50 per 14.2 kg in Delhi starting today. According to the Indian Oil Corporation, the price reduction comes on the back of prices in the international market and the dollar-rupee exchange rate. Another 10-20 million new LPG connections would be given in subsequent months to cover "all poor households" as part of Cabinet decision taken late last year.
Subsidised LPG with effect from midnight tonight will cost Rs 498.02 per cylinder in Delhi as against Rs 496.26 currently, a statement issued by Indian Oil Corp (IOC), the nation's largest fuel retailer, said.
New Delhi: After diesel, the government is considering raising cooking gas (LPG) and kerosene rates in small doses of Rs. 5 per cylinder and Rs. 0.50-1 a litre every month to wipe out Rs. 80,000
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