Non Subsidised Cylinder: If you are using non-subsidised cooking gas, then get ready to pay more as the price of non-subsidised cooking gas has been hiked by Rs 86 per cylinder due to change in international trends.
Non Subsidised Cylinder: Hike will not apply to all the cylinders
The hike is not applied to all the cylinders but only on Non-subsidised LPG, bought by those who have either given up their subsidies or exhausted the quote of 12 bottles of 14.2 kg in a year at below market price
Earlier the price of per 14.2 kg cylinder was Rs651.50 which raised to cost Rs 737.50 now.
The steepest hike comes just a month after the price of a cylinder was hiked by Rs 66.5 on February 1.
The rates of LPG are up swinging since October 2016. In September, a non-subsidized LPG cylinder was priced at Rs 466.50 in Delhi and has risen by Rs 271 per bottle or 58 percent in six instalments.
Price hiked due to rising price of LPG product globally
Moreover, oil firms had also hiked the rates of subsidised cooking gas by a marginal 13 paisa to Rs 434.93 per 14.2 kg cylinder. This follows a 9 paisa increase effected from February 1.
An official statement said the increase in non-subsidised LPG rates were in “line with the rise in global LPG product prices.”
“However, there will be no impact on the LPG consumers receiving subsidised refills,” it said.
According to the new rates, a customer of non-susidised LPG cylinder in Delhi will cost at Rs737 for a new refill, after which they will receive subsidy amount of Rs 303 in the account.