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Non-subsidised LPG cylinder price hiked by
Rs.26.50
Thursday November 01, 2012 05:52:27 PM,
IANS
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New Delhi: The price of
non-subsidised cooking gas (LPG) cylinders was Thursday hiked by
Rs.26.50 to Rs.922 per cylinder.
The 14.2-kg liquid petroleum gas cylinder, which consumers
purchase beyond their annual entitlement of six units at
subsidised rates, will now cost Rs.922, up from Rs.895.50 in
Delhi, according to the Indian Oil Corporation.
A subsidised cooking gas (LPG) cylinder in Delhi costs Rs.410.42
The government had in September put a cap of six on subsidised
cooking gas cylinders per household per year. Additional
requirements have to be met at market rates.
Congress-ruled states have raised the subsidy limit from six to
nine cylinders.
Oil marketing companies (OMCs) revise rates of non-subsidised LPG
on the 1st of every month based on the average imported cost and
rupee-US dollar exchange rate.
Correspondingly, the price of a commercial 14.2-kg LPG cylinder in
Delhi will go up to Rs.1,105.5, while for the 19-kg unit the price
would be Rs.1,551.
The prices of non-subsidised 14.2-kg cylinder and those of
commercial cylinders of the same size vary because the government
allows customs and excise duty exemption to subsidised LPG used
solely for domestic consumption.
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