A day after Delhi verdict, OMCs increase LPG price
NEW DELHI : State-run oil marketing companies (OMCs) on Wednesday substantially raised the price of non-subsidized domestic cooking gas across the country.
The hike on Wednesday, the sixth since September last year, for metropolitan cities ranged from ₹144.5 for Delhi for a 14.2kg non-subsidized liquefied petroleum gas (LPG) cylinder to 149 for Kolkata. According to information available on Indian Oil Corporation’ website, an LPG cylinder was available for ₹858.5 in Delhi. In Kolkata, LPG cylinder prices were hiked by ₹149 to ₹896, in Mumbai by ₹145 to ₹829.5 and in Chennai by ₹147 to ₹881.
Fuel retailers revise prices of LPG cylinders on the first day of every month, but the price is primarily dependent on the international benchmark rate of LPG and the exchange rate of US dollar and rupee. The last price revision took place on 1 January ahead of the announcement of the Delhi assembly poll schedule on 6 January.
