Home LPG value hiked by Rs 50 per 14.2-kg cylinder
Worth of home LPG cylinders has witnessed a steep hike of Rs 50 efficient from March 1.
That is the primary hike in home LPG cylinder value since July 2022, oil advertising and marketing corporations (OMCs) have raised it by Rs 50 per 14.2-kg cylinder, as per data offered by Indian Oil Company (IOC).
With this value improve, in impact from March 1, a 14.2-kg home LPG cylinder has been priced at Rs 1,103 in Delhi, Rs 1,102.50 in Mumbai, Rs 1,129 in Kolkata, and Rs 1,118.50 in Chennai.
Business LPG costs have additionally been hiked by Rs 350.50 per 19-kg cylinder in Delhi to Rs 2,119.50, with corresponding modifications in different components of the nation. In contrast to home LPG, which is utilized by households, business LPG costs have been revised at common intervals.
The final value revision within the case of home LPG was on July 6, 2022. World crude oil and gas costs had skyrocketed within the aftermath of Russia’s invasion of Ukraine.