Starting July 1, commercial LPG cylinder prices have been reduced, offering relief to businesses such as restaurants, hotels, caterers, and roadside vendors that depend on this fuel for daily operations. Meanwhile, the price of the standard 14.2 kg domestic LPG cylinder remains unchanged, meaning household cooking gas rates stay the same in this revision.
In Delhi, the price of a 19-kg commercial LPG cylinder has been cut by Rs. 183.50, bringing it down to Rs. 2,930. The 5-kg Free Trade LPG (FTL) cylinder also saw a reduction of Rs. 13, now priced at Rs. 808.50 in the capital, according to a report from ANI.
City-Wise Commercial LPG Rates (19 kg Cylinder)
- Mumbai: Rs. 2,885.50 (down Rs. 182)
- Kolkata: Rs. 3,081.50 (down Rs. 174)
- Chennai: Rs. 3,106 (down Rs. 177)
- Gurugram: Rs. 2,947.50
- Noida: Rs. 2,930
- Bengaluru: Rs. 3,021
- Bhubaneswar: Rs. 3,114.50
- Chandigarh: Rs. 2,954.50
- Hyderabad: Rs. 3,191
- Jaipur: Rs. 2,957.50
- Lucknow: Rs. 3,052.50
- Patna: Rs. 3,227
- Thiruvananthapuram: Rs. 2,971.50
All major cities have witnessed corresponding reductions, reflecting the broader downward revision in commercial LPG rates.
Domestic LPG Prices Remain Steady
For households, the price of a 14.2 kg LPG cylinder remains unchanged across the country. Current rates include Rs. 942 in Delhi, Rs. 941.50 in Mumbai, Rs. 968 in Kolkata, and Rs. 957.50 in Chennai. In other cities, domestic LPG rates are: Hyderabad Rs. 994, Bengaluru Rs. 944.50, Lucknow Rs. 979.50, Patna Rs. 1,031.50, Noida Rs. 939.50, and Jaipur Rs. 945.50.
Why the Prices Were Cut
The price reduction follows easing international crude oil prices, as Middle East tensions have subsided and supply disruption concerns have diminished. This comes after a hike in commercial LPG prices in June, when Indian Oil Corporation raised the Delhi price from Rs. 3,071.50 to Rs. 3,113.50 due to supply constraints linked to the regional conflict.
Household LPG prices have been shielded from global energy price volatility, with state-owned oil marketing companies (OMCs) previously reporting substantial under-recoveries on LPG sales, as per a PTI report citing government sources. The increase in import costs was primarily attributed to the Saudi Contract Price, which serves as the benchmark for pricing India’s LPG imports.
This latest cut provides timely respite for commercial users who rely heavily on LPG for their daily business operations.
Leave a Reply