After Domestic LPG price reduction, Commercial LPG prices slashed by Rs 158

After reducing the prices of Domestic LPG, public sector oil marketing companies (OMCs) have slashed the price of 19 kg Commercial LPG gas cylinders by about Rs 158 in many states.

The new prices will be effective from today and Delhi's retail sales price of 19kg commercial LPG cylinder will be Rs 1,522.50. 

Similarly, it used to cost Rs 1640.50 in Mumbai but is now only Rs 1482. In Chennai, it will now be offered at Rs 1695 as opposed to Rs 1852.50.

Earlier, on the eve of Raksha Bandhan, the price of domestic LPG was reduced by Rs 200 by the Central government as a gift to women of the country.

Monthly revisions for both commercial and domestic LPG (liquefied petroleum gas) cylinders occur on the first day of each month, with the new rates becoming effective from September 1.

Earlier in August, the prices of commercial LPG cylinders were slashed by Rs 99.75.

In July, the prices of commercial LPG gas cylinders were increased by Rs 7 each.

Before this hike, there had been two consecutive price cuts for commercial LPG cylinders which were in May and June this year. While in May OMCs reduced the price of a commercial LPG cylinder by Rs 172, in June it was reduced by Rs 83.

In April, too, their prices were reduced by Rs 91.50 per unit.