Hyderaba

LPG refills turn dearer, hover close to ₹750 each

A domestic cooking gas cylinder now costs ₹746.50 in Hyderabad following the national oil marketing companies on Tuesday increasing the price by ₹50 per refill.

It is for the second time this month that the liquefied petroleum gas (LPG) prices were increased. Together, the hike thus far this month has been ₹100 per refill for households that either have given up subsidy or not eligible to get cooking gas at subsidised prices.

Eligible households can draw up to 12 refills a year and the subsidy component is credited directly into the bank account. Beyond the 12 cylinders, they have to purchase domestic, non-subsidised refills, which in Hyderabad since Tuesday costs ₹746.50.

On December 2, the oil companies had increased the price of the 14.2 kg LPG cylinders by ₹50. Noting that it is for the first time, cooking gas refill prices were increased twice in a month, Telangana LPG Distributor’s Association general secretary K. Jagan Mohan Reddy said the hike comes in the backdrop of rising crude oil prices.

Commercial, 19-kg LPG cylinder prices have also been increased, like domestic refills, for the second time this month. From ₹1,368 in November, the 19-kg cylinder price increased to ₹1,445 on December 2 and ₹1,481 on December 15.

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Printable version | Dec 16, 2020 11:56:14 PM | https://www.thehindu.com/news/cities/Hyderabad/lpg-refills-turn-dearer-hover-close-to-750-each/article33349785.ece

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