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Commercial LPG Prices Hiked by Rs 111, Domestic Cylinder Rates Unchanged

Oil marketing companies have increased the price of a 19 kg commercial LPG cylinder by Rs 111, raising the retail price in Delhi to Rs 1,691.50. The cost of a 5 kg Free Trade LPG cylinder has also risen by Rs 27, effective January 1. However, in a relief to households, the prices of domestic 14.2 kg LPG cylinders remain unchanged. This revision places additional cost pressure on commercial sectors like hotels and restaurants, while domestic consumers are shielded from the increase.

Key Points: Commercial LPG Cylinder Price Rises Rs 111; Domestic Unchanged

  • Commercial 19kg cylinder up by Rs 111
  • 5kg FTL cylinder up by Rs 27
  • Domestic 14.2kg cylinder unchanged
  • Relief for households, pressure on businesses
2 min read

Commercial LPG cylinder costlier by Rs 111 from January 1, domestic prices unchanged

Commercial LPG cylinder prices increase by Rs 111 from Jan 1, impacting hotels & restaurants. Domestic LPG rates remain stable. Latest updates here.

"fuel forms a major component of their operating costs - Article"

New Delhi, January 1

The price of commercial LPG cylinders has been increased with effect from Thursday, January 1, bringing some pressure on costs to hotels, restaurants and other commercial users at the start of the new year.

Oil marketing companies have raised the price of the 19 kg commercial LPG gas cylinder by Rs 111 with immediate effect. Following this revision, the retail sale price of a 19 kg commercial LPG cylinder in Delhi now stands at Rs 1,691.50.

Along with the increase in commercial LPG rates, the prices of 5 kg Free Trade LPG (FTL) cylinders have also been raised. The cost of the 5 kg FTL cylinder has gone up by Rs 27, effective January 1.

However, there is relief for household consumers as there has been no change in the prices of domestic LPG cylinders. The rates of the 14.2 kg domestic LPG cylinder remain unchanged, providing stability in cooking gas prices for families.

The revision in commercial LPG prices is significant for sectors that rely heavily on such cylinders, including eateries, catering services and small businesses, as fuel forms a major component of their operating costs.

The unchanged domestic LPG prices, meanwhile, ensure that household budgets are not impacted by the latest revision.

In August, Union Petroleum Minister Hardeep Singh Puri hailed the Centre's recent decision to pay Rs 30,000 crores to oil companies in 12 parts, which has kept prices of Liquefied Petroleum Gas stable in the country.

The Union Cabinet, on August 8, led by Prime Minister Narendra Modi, has approved a compensation of Rs 30,000 crore to be paid in twelve parts to oil companies that have kept LPG prices stable despite global uncertainty.

The new rates of commercial cylinder are applicable from January 1 and will remain in force until further revision by oil marketing companies.

- ANI

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Reader Comments

S
Sarah B
As someone who runs a small cafe in Bangalore, this is a direct hit to our operating costs. Rs 111 per cylinder adds up quickly. We were just recovering from the pandemic slump. The government should consider some relief for MSMEs in the hospitality sector.
A
Arjun K
Thankful that at least our home cylinder price is stable. With inflation on everything else, this is one less worry. But the timing, right at the start of the new year, is tough for businesses. Jai Hind.
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Priya S
The article mentions the Rs 30,000 crore compensation to oil companies. While it's good they kept prices stable earlier, as a taxpayer I have a respectful question: is this the most efficient use of public funds? Could this money have been better spent on renewable energy subsidies?
V
Vikram M
This is going to make street food and small eateries more expensive. As a foodie, that's bad news! But I understand the global pressures. At least our home kitchens are safe for now. Time to maybe cook more at home anyway. 😅
M
Michael C
Interesting to see the differential pricing strategy. Protecting household consumers makes political sense, but the commercial sector drives a lot of employment. A balanced approach is needed for long-term economic health.

We welcome thoughtful discussions from our readers. Please keep comments respectful and on-topic.

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