September 01: In a big relief for consumers, the oil marketing companies (OMCs) have slashed the prices of liquefied petroleum gas (LPG) cylinders for commercial use. According to reports, Oil marketing companies have reduced commercial the price of the 19-kg LPG cylinder for commercial use by Rs 91.50, effective from today, September 1, 2022.
According to pricing issued by Indian Oil on September 1, the 19 kg commercial cylinder (LPG Commercial Cylinder Price) in the capital Delhi became cheaper by Rs 91.5. Cylinder, previously priced at Rs 1,976.50, is now available in the national capital for Rs 1,885.
The reduction in price will provide some relief to restaurants, eateries and tea stalls, etc which constitute the largest user segment of the 19 kg cylinder.
However, there has been no change in the price of domestic LPG cylinders as of now.
In May, the price of the 19 kg cylinder reached an all-time high of Rs 2,354, but it now costs at Rs 1,885 in Delhi. Kolkata, Mumbai, and Chenna are three significant cities where the cost of commercial LPG cylinders has fallen.
The price of the commercial cylinder in Kolkata has been reduced from Rs 2,095.50 to Rs 1,995.50. In a same manner, it will cost Rs 1,844 in Mumbai instead of Rs 1,936.50, and Rs 2,045 in Chennai instead of Rs 2,141. A 14.2 kg gas cylinder costs Rs 1053 in Delhi. The cost of household LPG cylinders has not changed.