INSUBCONTINENT EXCLUSIVE:
Delivery man transports LPG cylinders (Photo: PTI)2 min read Last Updated Oct 01 2024 | 10:36 AM IST
Ahead of the festival season, oil
marketing companies announced on Tuesday a Rs 48.50 hike in the price of 19 kg commercial liquefied petroleum gas (LPG) cylinders
The price of 5 kg Free Trade LPG cylinders has increased by Rs 12, but domestic LPG cylinders remain unaffected by this change.
The price
The cost of 14 kg domestic LPG cylinders remains at Rs 803
On September 1, oil marketing companies had raised the price of 19 kg commercial LPG cylinders by Rs 39.Click here to connect with us on
in Mumbai; and Rs 1,903 in Chennai
The revised prices will impact businesses, raising operational costs as they prepare for the approaching festive season.
The last notable
relief came in July, when oil companies reduced commercial LPG prices by Rs 30
This decision is influenced by various factors, including international oil prices, taxation policies, and supply-demand dynamics.
LPG
cylinders are relatively environmentally friendly fuel options compared to traditional fossil fuels, as they produce lower greenhouse gas
They are widely used in household kitchens, industries, and commercial establishments.
For household use, LPG cylinders are typically sold
in two sizes: 5 kg and 14 kg.
For non-domestic use, LPG is available in various sizes, including 2 kg, 5 kg, 19 kg, 47.5 kg, and 425 kg,
according to the Indian Oil website
The 19 kg LPG cylinders are primarily used in hotels, restaurants, cafes, canteens, and industrial applications.
Meta Keywords: LPG price
hike, commercial LPG cylinders, 19 kg LPG cylinder, oil marketing companies, festive season, Indian Oil, operational costs, environmentally
friendly fuel, Free Trade LPG, domestic LPG prices, Nisha AnandFirst Published: Oct 01 2024 | 10:36 AMIST
