Domestic LPG Prices Increase: Cooking Gas Cylinder Costs Rs 942 in Delhi
LPG price hiked again for second time in 3 months: Cooking gas cylinder to cost Rs 942 in Delhi, check your city`s rate
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Households in India face another increase in cooking gas prices as the cost of a 14.2-kg LPG cylinder rises by Rs 29 to Rs 942 in Delhi, effective June 7. This marks the second price hike in three months, driven by rising international energy costs due to supply disruptions in West Asia.
- 01The price of a 14.2-kg domestic LPG cylinder in Delhi has increased from Rs 913 to Rs 942 as of June 7.
- 02This is the second price hike in three months, following a Rs 60 increase on March 7.
- 03The rise in LPG prices is attributed to increasing international energy costs due to supply disruptions in West Asia.
- 04Government-owned fuel retailers have been absorbing losses, estimated at Rs 703 per cylinder sold, necessitating the price adjustment.
- 05Different cities may have varying final prices due to local taxes and delivery costs, but the Rs 29 increase is uniform across the country.
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Households across India will see an increase in the price of cooking gas as state-run fuel retailers have raised the cost of a 14.2-kg domestic LPG cylinder by Rs 29, bringing the price in Delhi to Rs 942 effective June 7. This marks the second increase in three months, following a Rs 60 hike on March 7. The rising costs are attributed to international energy price increases caused by supply disruptions in West Asia, which have impacted domestic fuel prices significantly. Industry sources indicate that government-owned fuel retailers have been absorbing substantial losses, estimated at Rs 703 per cylinder, making it increasingly difficult to maintain lower retail prices. As a result, the latest price adjustment aims to alleviate some of this financial burden. Consumers will need to budget more for their cooking gas needs, with final prices varying by city due to local taxes and delivery charges, although the Rs 29 hike is consistent nationwide.
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Families will need to allocate more funds for cooking gas, affecting their monthly budgets.
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