COMPETITIVE · MARKET STRUCTURE · INDIA
Oil companies raise non-subsidised LPG prices
Change
Indian oil companies raised domestic non-subsidised LPG prices by ₹60 per 14.2-kg cylinder effective March 7, setting Delhi’s price at ₹913.
Why it matters
The hike applies to domestic non-subsidised LPG used by household users other than Ujjwala beneficiaries. The revised price in Delhi is ₹913 per 14.2-kg cylinder, effective March 7. Listed city prices are ₹912.50 in Mumbai, ₹939 in Kolkata, and ₹928.50 in Chennai. The excerpt describes this as the second increase in 11 months, after a ₹50 hike in April last year. Prices differ across states based on local sales tax/VAT.
Implications
- • Higher per-cylinder LPG cost for non-subsidised domestic users.
- • Retail LPG prices differ across states due to sales tax/VAT incidence.
Who is affected
- • Non-subsidised LPG cylinder buyers
- • LPG distributors and delivery agents
Source
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