New Delhi, October 1, 2023: In a significant blow to millions of consumers, oil marketing companies (OMCs) have raised the prices of commercial LPG cylinders by Rs 209, effective from Sunday, according to industry sources.
As a result of this increase, the cost of a 19-kg commercial LPG cylinder will now stand at Rs 1,731.50 starting October 1 in New Delhi. This hike is expected to have an immediate impact on the cost of dining out.
This decision comes just a month after OMCs had lowered the prices of commercial LPG cylinders by a substantial Rs 158, effective from September 1, bringing their price down to Rs 1,522 in the national capital.
The recent price hike for commercial LPG cylinders follows the Centre’s reduction of domestic LPG cylinder prices by Rs 200 for all connection holders across the country in August.
It is worth noting that monthly revisions for both commercial and domestic LPG (liquefied petroleum gas) cylinders occur on the first day of each month. Earlier in August, OMCs had reduced the prices of commercial LPG cylinders by Rs 99.75.