new Delhi: The price of 19 kg commercial LPG has been increased by Rs 250 per cylinder today. With the increase in rates, a 19 kg commercial cylinder will now cost Rs 2253 with effect from today.
According to the report of ANI, there has been no increase in the prices of domestic gas cylinders. In the last two months, the price of 19 kg LPG cylinder has been increased by Rs 346 per cylinder. Earlier on March 1, the rate of 19 kg commercial cylinder was reduced by Rs 105 and then on March 22, its price was cut by Rs 9.
The price of domestic LPG cylinder was also hiked by Rs 50 on March 22 and after the hike, the price of 14.2 kg non-subsidised LPG cylinder is now Rs 949.50 in Delhi.
Meanwhile, petrol and diesel prices have been hiked nine times in the last 11 days, taking a total of Rs 6.4 per liter while the price of cooking gas (LPG) has also gone up by Rs 50 per cylinder. The latest gas price hike will further fuel inflation. There is no increase in fuel rates today.
In addition, the government on Thursday more than doubled the price of natural gas, which is used to generate electricity, make fertiliser, convert to CNG and piped into domestic kitchens for cooking, amid a spike in global energy prices. behind.
The price of gas produced from old regulated fields, such as the country’s largest gas field in ONGC’s basin, will hit a record high of US$ 6.10 per million British thermal unit (mmBtu) from the current US$ 2.90 per mmBtu. Petroleum Planning and Analysis Cell (PPAC) of the Ministry of Oil.
The new price, which is likely to result in hike in rates of CNG and piped cooking gas, will be for six months starting April 1.
This is the highest ever price paid to Indian gas producers.
The government sets the price of gas every six months on April 1 and October 1, based on rates prevailing in gas surplus countries such as the US, Canada and Russia.
CNG and piped LPG rates are likely to go up by 10-15 per cent in cities like Delhi and Mumbai due to the hike in gas prices, PTI reported.