Prices of LPG cylinders increased from June 1

From June 1, the price of non-subsidised Liquified Petroleum Gas (LPG) cylinder in Delhi has been increased by Rs. 11.50 for an Indane gas cylinder.

The Indian Oil Corporation Ltd (IOCL) said, “The Retail Selling Price of an LPG in Delhi market for the month of May 2020 was reduced from Rs. 744 to Rs. 581.50 per cylinder for all consumers in line with a drop in international prices.”

“For the month of June, there has been an increase in international prices of LPG. Due to an increase in the prices in the international market, the RSP of LPG in Delhi market will be increased by Rs. 11.50 per cylinder,” IOCL added.

The beneficiaries of the Pradhan Mantri Ujjwala (PMU) will not be impacted by this change as they are covered by the Pradhan Mantri Garib Kalyan Yojana and are entitled to a free cylinder till June 30, said the state-owned oil and gas company.

Under the government’s Ujjwala scheme, 83 million below poverty line (BPL) families will be provided with free cooking gas cylinders for three months.

Depending on the international benchmark rate of LPG and the exchange rate of the US dollar and Indian rupee, the prices of LPG cylinders are revised by fuel retailers on the first day of every month.

You might also like