Subsidised LPG price hiked by ₹2.08 per cylinder, non-subsidised by ₹42.50

New Delhi: Domestic cooking gas (LPG) price was Thursday hiked by Rs2.08 per cylinder and non-subsidised gas by ₹42.50 per bottle, Indian Oil Corporation (IOC) said.

The increase comes after three straight monthly reduction in rates.

The rise has been necessitated due to tax impact on increased market rate of the fuel, IOC said in a statement. A 14.2-kg subsidised LPG cylinder will now cost ₹495.61 in the national capital from March 1 as against ₹493.53 currently.

Prior to this, prices had been reduced by a total of ₹13.39 per cylinder.