New Delhi, June 1: As India opened for business on the first day of Unlock 1, the prices of the LPG cylinders were hiked across the country. The price of non-subsidized liquefied petroleum gas (LPG) cylinder in Delhi and Mumbai was increased by Rs 11.50 for an Indane gas cylinder. Chennai saw a hike of Rs 37 while Kolkata witnessed an increase of Rs 31.50. With the latest hike in the LPG rates across metro cities, the price of a 14 kg cylinder in Delhi will now cost Rs 593 while that in Mumbai will cost Rs 590.50. The hike is effective from June 1, 2020 in all the metro cities.
In Kolkata, the price of 14 kg Indane gas in Kolkata has been increased to Rs 616.00 while in in Chennai, a cylinder will cost Rs 606.50. In Delhi, the Retail Selling Price (RSP) of LPG for the month of May 2020 was reduced from Rs 744 to Rs 581.50 per cylinder for all consumers in line with a drop in international prices. .
The IOC said that this hike won't affect Ujjwala Yojana beneficiaries because they are "covered under Pradhan Mantri Garib Kalyan Yojana and are entitled to a free cylinder till June 30th."
Here's the tweet:
Prices of non-subsidised 14 kg Indane gas in metros, applicable from today: In Delhi price rises to Rs 593.00 (increase by Rs 11.50/cylinder), in Kolkata - Rs 616.00 (increase by Rs 31.50), in Mumbai - Rs 590.50 (increase by Rs 11.50), in Chennai - Rs 606.50 (increase by Rs 37).
Indane is today one of the largest packed-LPG brands in the world. The Indian Oil Corporation (IOC) mentioned on its website that for the month of June 2020, there has been an increase in international prices of LPG. Due to the increase in the prices in the international market, the RSP of LPG in Delhi market will be increased by Rs 11.50 per cylinder. Before the hike in the prices, the LPG rates were cut for three months on run owing to global prices.
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