Commercial LPG gas price hiked by Rs 105 from March 1

Commercial LPG gas price hiked by Rs 105 from March 1

PTIUpdated: Tuesday, March 01, 2022, 11:36 PM IST
article-image
The price of commercial liquefied petroleum gas (LPG) or cooking gas was increased by Rs 105 per 19 kg cylinder in Delhi with effect from Tuesday. |

New Delhi, Mar 1: Price of commercial LPG, used by hotels and other commercial establishments, was on Tuesday hiked by Rs 105 to its second-highest level but rates of subsidised gas sold to households remained on freeze.

The price of a 19-kg commercial cylinder has been hiked to Rs 2,012 from Rs 1,907, according to price notification from state-owned fuel retailers.

This is the second-highest rate, after Rs 2,101 per cylinder in December 2021.

LPG rates are revised on the 1st of every month based on the price of benchmark fuel in the previous month.

However, the price of domestic cooking gas LPG, sold to households, has not been changed since October when it rose to Rs 899.50 per 14.2-kg cylinder.

The hiatus in those rates came after criticism from the Opposition over prices being hiked by Rs 90 in the previous six months.

Just like LPG, petrol and diesel prices too have been on a freeze since early November 2021.

It is being speculated that fuel prices will be hiked once assembly elections in Uttar Pradesh and four other states end next week.

RECENT STORIES

Markets Bounce Back After 4-Day Slide, Sensex Rises 317 Points On Easing Inflation

Markets Bounce Back After 4-Day Slide, Sensex Rises 317 Points On Easing Inflation

RBI Expected To Deliver Final 25 bps Rate Cut In December, Repo Rate Seen At 5.25% By End-2025

RBI Expected To Deliver Final 25 bps Rate Cut In December, Repo Rate Seen At 5.25% By End-2025

India’s Trade Deficit Narrows To $18.78 Billion In June, Services Surplus & Import Drop Aid...

India’s Trade Deficit Narrows To $18.78 Billion In June, Services Surplus & Import Drop Aid...

AWL Agri Business Q1 FY26 Revenue Surges 21% YoY, Edible Oil Segment Drives Record Performance

AWL Agri Business Q1 FY26 Revenue Surges 21% YoY, Edible Oil Segment Drives Record Performance

SEBI Announces Settlement Scheme For Venture Capital Funds, Opens July 21; Ends January 19 Next Year

SEBI Announces Settlement Scheme For Venture Capital Funds, Opens July 21; Ends January 19 Next Year