Personal Finance
Oil companies shock customers with a Rs 209 hike in commercial gas cylinder prices, raising rates for 19 kg LPG.
Updated : Oct 01, 2023, 08:58 AM IST | Edited by : Raunak Jain
Commercial LPG cylinder price hike: Customers received an unpleasant surprise as October began, with oil companies raising the rates significantly. Starting from October 1, 2023, the cost of a commercial gas cylinder has jumped by Rs 209. In Delhi, the 19 kg LPG cylinder now sells for Rs 1,731.50. Although not officially confirmed, this change has been communicated to ANI by a number of sources.
Oil marketing companies have increased the prices of commercial LPG gas cylinders. The rate of 19 Kg commercial LPG gas cylinders has been increased by Rs 209 with effect from tomorrow i.e. October 1. Delhi retail sales price of 19 Kg commercial LPG cylinder will be Rs…
— ANI (@ANI) September 30, 2023
Notably, just a month ago, the government slashed domestic gas cylinder prices by Rs 200. However, as of October 1, domestic LPG rates remain steady. In major cities, a 14.20 kg domestic gas cylinder is priced at Rs 903 in Delhi, Rs 929 in Kolkata, Rs 902.50 in Mumbai, and Rs 918.50 in Chennai.
In contrast, oil companies had lowered the price of both domestic and commercial gas cylinders in September 2023, with the 19 kg cylinder's price dropping to Rs 1,522 in Delhi. The recent hike in commercial gas cylinder prices could potentially lead to increased costs for dining at hotel restaurants, as these establishments typically use commercial gas cylinders for cooking.
Read more: PM Kisan Yojana 15th installment: Many farmers may not get the amount; here's why