LPG Cylinder Prices Surge Amid Supply Disruptions in India

Original: LPG cylinder price on April 7: How much does domestic and commercial gas cost in Mumbai, Bengaluru, Delhi, Kolkata today

Mint•Apr 7, 20263 min

In a Nutshell

Due to the ongoing conflict in West Asia affecting the Strait of Hormuz, LPG prices in India have risen significantly. The price of a 14.2 kg domestic cylinder increased by ₹60, while the 19 kg commercial cylinder saw a rise of ₹344 since March. The government assures adequate supply despite consumer panic.

Key Points

01LPG prices have risen due to supply disruptions linked to the West Asia conflict.
02The price of a 14.2 kg domestic cylinder increased by ₹60, while commercial cylinders rose by ₹344.
03The government has implemented booking restrictions to ensure equitable distribution.
04There is a push for electric stoves as an alternative to LPG amid rising prices.
05Sales of electric cooktops surged by 30 times following the LPG shortage news.

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Full Summary

The ongoing conflict in West Asia, particularly affecting the Strait of Hormuz, has led to significant supply disruptions for LPG (liquefied petroleum gas) in India, prompting a rise in prices. The government has increased the cost of a 14.2 kg domestic LPG cylinder by ₹60 and a 19 kg commercial cylinder by ₹344 since March. Despite these hikes, officials maintain that there is sufficient supply and have urged consumers not to panic. To manage distribution, booking intervals have been set at 25 days for urban areas and 45 days for rural areas. Additionally, the government is promoting electric cooking stoves as an alternative, with sales of induction cooktops reportedly increasing 30 times shortly after the LPG shortage news. The push for electric stoves includes plans for zero-interest loans through the state-run Energy Efficiency Services Ltd (EESL), aiming to redesign the National Efficient Cooking Programme (NECP) to meet rising demand.

Key Figures

₹60

Increase in price of a 14.2 kg domestic LPG cylinder

₹344

Total increase in price of a 19 kg commercial LPG cylinder since March

30 times

Surge in sales of induction cooktops after LPG shortage news

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Why It Matters

The rise in LPG prices will likely increase household cooking costs, impacting budgets for families relying on domestic gas. Consumers may need to consider alternatives like electric stoves, which have seen a surge in demand.

Who is affected

Households using LPG for cooking, potential buyers of electric stoves.

What to know

Consumers should monitor LPG prices and consider alternatives like electric cooktops as costs rise.

FAQ

The rise in LPG prices is due to supply disruptions linked to the ongoing conflict in West Asia, particularly affecting the Strait of Hormuz.

The price of a 14.2 kg domestic LPG cylinder has increased by ₹60, while the price of a 19 kg commercial cylinder has risen by ₹344 since March.

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