In a recent development, state-run oil marketing companies have raised prices of 19 kg commercial LPG gas cylinders by ₹25, impacting businesses and consumers. Stay updated on the latest price changes across major cities and the implications of this consecutive hike in our article.
Commercial LPG Cylinder Prices Hiked Again
State-run oil marketing companies have increased the prices of 19 kg commercial LPG gas cylinders by ₹25 on 1 March 2024. This marks the second consecutive increase in prices, following a ₹14 hike on 1 February. The retail prices of these cylinders vary by city, with Delhi at ₹1,795, Mumbai at ₹1,749, Chennai at ₹1,960, and Kolkata at ₹1,911.
The prices were last hiked by ₹21 on 1 December 2023 but were later slashed by ₹39.50 per cylinder on New Year’s Eve. As of 1 March 2024, the current prices stand at ₹1,795 in Delhi, ₹1,749 in Mumbai, ₹1,911 in Kolkata, and ₹1,960.50 in Chennai.
It’s worth noting that domestic gas cylinder prices remain stable, with a 14.2 kg cylinder priced at ₹903 in Delhi, ₹929 in Kolkata, ₹902.50 in Mumbai, and ₹918.50 in Chennai. State-owned oil corporations typically revise cooking gas prices on the 1st of every month based on the average international price from the previous month.
In other news, Prime Minister Narendra Modi is set to inaugurate and lay the foundation stone for projects worth Rs 35,700 crore in Jharkhand on Friday. His visit will also include inaugurations in West Bengal and Bihar, with projects totaling Rs 2,40,700 crore. In Jharkhand, the PM will dedicate several key projects, including the Sindri fertiliser plant and various rail projects worth Rs 17,600 crore.
Additionally, PM Modi is scheduled to flag off three trains during the program and expand rail services in the state. Stay tuned for more updates on these developments.
