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The Hindu
The Hindu
National
N. Ravi Kumar

LPG price hiked by ₹50; petrol, diesel dearer too

Liquefied petroleum gas (LPG) turned dearer for households with national oil marketing companies Indian Oil Corporation, BPCL and HPCL increasing the price of each 14.2 kg cylinders by ₹50 with effect from March 22.

What, however, should be of greater concern with revision of the price after more than five months — October 6 was when it was changed last — is the likelihood of more such increases in the weeks ahead. The next hike in domestic cooking gas cylinder price by the companies could well be as early as in the first week of April, sources among LPG distributors said, pointing to a surge in international product prices.

Following the ₹50 increase, a 14.2 kg non-subsidised LPG cylinder costs ₹949.50 in Delhi and Mumbai; Kolkata ₹976; and Chennai ₹965.50. In Hyderabad, the increase took the refill rate beyond ₹1,000 mark. Households now need to pay ₹1,002 for a refill, a distributor said.

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