Price of non-subsidised LPG cylinder increased by Rs 220

Jan 02 2014, 03:21 IST
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SummaryThe price of LPG was hiked by a steep Rs 220 per bottle on Wednesday due to firming of international rates.

The price of non-subsidised cooking gas (LPG), which customers buy after consuming their quota of subsidised cylinders, was hiked by a steep R220 per bottle on Wednesday due to firming of international rates.

The 14.2-kg cooking gas cylinder that consumers buy beyond their entitled nine bottles at subsidised rates, will now cost R1,241, up from R1,021 in Delhi, state-owned fuel retailers said.

This is the third increase in non-subsidised LPG rates in the past month. The price was hiked by R63 a cylinder to R1,017.50 on December 1. It was increased by a further R3.50 to R1,021 on December 11, when the government raised the commission for LPG dealers and distributors.

The government had in September 2012 capped the supply of subsidised domestic LPG cylinders to six per household in a year. The quota was raised to nine bottles per household in a year in January 2013.

Any requirement above this limit has to be purchased at market rates. There is no restriction on the number of non-subsidised cylinders that a consumer can buy.

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