Domestic LPG Cylinder Prices Rise to ₹942 in Delhi After ₹29 Increase
Domestic LPG cylinder prices hiked by Rs 29; Delhi rate now Rs 942
Image: Asianet Newsable
Domestic LPG cylinder prices have risen by ₹29, bringing the cost to ₹942 in Delhi. This increase follows a previous hike of ₹60 in March and is attributed to disruptions in global energy markets. The government is taking steps to ensure sufficient LPG availability.
- 01The price of a 14.2-kg domestic LPG cylinder in Delhi is now ₹942, up from ₹913.
- 02This price increase is effective from June 7 and follows a ₹60 hike on March 7.
- 03Sujata Sharma, Joint Secretary in the Ministry of Petroleum and Natural Gas, highlighted ongoing government efforts to ensure LPG availability through increased domestic production and imports.
- 04The under recovery on domestic LPG cylinders remains around ₹700 per cylinder, indicating significant subsidy costs for the government.
- 05Factors contributing to a moderation in LPG demand include lower consumption by commercial users and improved delivery cycles.
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Domestic LPG cylinder prices have been increased by ₹29, effective June 7, raising the price of a 14.2-kg cylinder in Delhi to ₹942 from ₹913. This adjustment follows a previous increase of ₹60 on March 7, which was influenced by disruptions in global energy markets due to ongoing conflicts in West Asia. Sujata Sharma, Joint Secretary in the Ministry of Petroleum and Natural Gas, addressed the situation in a recent inter-ministerial briefing, stating that the government is implementing measures to ensure adequate LPG supply, including boosting domestic production and securing imports. She noted that the current under recovery on domestic cooking cylinders is approximately ₹700. Additionally, Sharma pointed out that the recent moderation in LPG demand can be attributed to several factors, such as reduced consumption by commercial and industrial users, improved booking cycles, and the implementation of technology-led delivery authentication, which has streamlined the delivery process.
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The price hike will increase household expenses for cooking gas, affecting budget allocations for families in Delhi.
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