Non-subsidised LPG gas price cut by Rs 62.50 per cylinder from today

New Delhi: Non-subsidised cooking gas (LPG) price was on Wednesday cut by Rs 62.50 per cylinder on softening international rates. Non-subsidised or market priced LPG, which consumers buy after exhausting their quota of 12 cylinders of 14.2-kg each at subsidised rates, will now cost Rs 574.50 with effect from midnight tonight, IOC said in a statement.

"It may be noted that the price of non-subsidised LPG was reduced by Rs 100.50/cylinder earlier in July 2019 also. Considering this, the price of non-subsidised LPG cylinder has come down by Rs 163.00/cylinder cumulatively in two months," it said.

"Accordingly, the upfront cash payment by the consumers of domestic LPG will also reduce by Rs 62.50 per cylinder. Domestic LPG consumers will now be required to make upfront cash payment of Rs 574.50 only per 14.2 Kg cylinder in August 2019 in place of Rs 637 per cylinder for July 2019," IOC said in the statement.


(Input from PTI & IANS)