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How LPG Prices in India Are Determined and Updated

blog-image
Jun 22, 2024
15 Mins

State-owned oil marketing companies in India govern the LPG prices, which undergo monthly updates. Presently, LPG costs Rs.903.00 in New Delhi and Rs.902.50 in Mumbai. Primarily utilized for cooking, most households possess an LPG connection.

The pricing of LPG cylinders is influenced by two major elements: the rupee-to-dollar exchange rate and the international benchmark rate. Households can receive up to 12 cylinders (14.2 kg each) annually at subsidized rates, with additional ones available at market value. LPG pricing reflects the preceding month's global market rates.

Updated On - 22 Jun 2024

Current LPG Gas Price for 14.2 KG Cylinder

CityPrice TodayNew Delhi: ₹ 903.00Mumbai: ₹ 902.50Gurgaon: ₹ 911.50Bengaluru: ₹ 905.50Chandigarh: ₹ 912.50Jaipur: ₹ 906.50Patna: ₹ 1,001.00Kolkata: ₹ 929.00Chennai: ₹ 918.50Noida: ₹ 900.50Bhubaneshwar: ₹ 929.00Hyderabad: ₹ 955.00Lucknow: ₹ 940.50Trivandrum: ₹ 912.00

Commercial Gas Price in Metro Cities

CityCommercial Gas Price (As of 1st November)Delhi: Rs.1796.50Mumbai: Rs.1749.00Chennai: Rs.1968.50Kolkata: Rs.1908.00

AutoGas Prices in Metros

CityAuto Gas PriceDelhi: Rs.57.64Mumbai: Rs.57.84Chennai: Rs.57.38Kolkata: Rs.53.31

What is LPG?

Liquefied Petroleum Gas (LPG) comprises butane and propane, primarily used for vehicular power, cooking, and heating. This fossil fuel is a byproduct of crude oil refining and natural gas processing.

Leading Gas Connection Providers in India

HP Gas: Managed by Hindustan Petroleum Corporation Limited, HP Gas offers nationwide gas connections, providing subsidized LPG cylinders under government plans, contingent on necessary documentation submission. Customer connection transfers are available nationwide.

Indane Gas: Managed by Indian Oil Corporation, Indane Gas delivers LPG cylinders across India. Submission of relevant documentation to local distributors is required for new connections, which after verification, might be eligible for subsidies. Online applications are facilitated through the official Indane website.

Bharat Gas: Operated by Bharat Petroleum Gas, Bharat Gas extends domestic connections throughout the nation. A web portal offers multiple services, yet online cylinder booking is unavailable. Documentation submitted will determine subsidy eligibility, and connection transfers are accessible nationwide.

Domestic LPG vs Commercial LPG

Domestic LPG:

  • Primarily utilized for household purposes.
  • Prices are reliant on state-operated oil firms, reflecting global crude oil prices and exchange rates.
  • Monthly price adjustments.
  • Subsidy eligibility.
  • Less costly than commercial LPG.
  • Identified by its red color.
  • Available in 5 kg and 14.2 kg variants.

Commercial LPG:

  • Intended for non-domestic uses including agriculture, power production, transport, dining, industrial sectors, and hospitality.
  • Similar pricing determination as domestic LPG but revised more often.
  • No subsidy eligibility.
  • Costlier than domestic LPG.
  • Identified by its blue color.
  • Available in 5 kg, 19 kg, and 47.5 kg sizes.
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Invest Smarter, Here's how to achieve Your Dreams 80% Faster - Let’s Get Started!Trusted by 3 Crore+ Indians
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Retirement
1st Crore
credit-cards

How LPG Prices in India Are Determined and Updated

blog-image
Jun 22, 2024
15 Mins

State-owned oil marketing companies in India govern the LPG prices, which undergo monthly updates. Presently, LPG costs Rs.903.00 in New Delhi and Rs.902.50 in Mumbai. Primarily utilized for cooking, most households possess an LPG connection.

The pricing of LPG cylinders is influenced by two major elements: the rupee-to-dollar exchange rate and the international benchmark rate. Households can receive up to 12 cylinders (14.2 kg each) annually at subsidized rates, with additional ones available at market value. LPG pricing reflects the preceding month's global market rates.

Updated On - 22 Jun 2024

Current LPG Gas Price for 14.2 KG Cylinder

CityPrice TodayNew Delhi: ₹ 903.00Mumbai: ₹ 902.50Gurgaon: ₹ 911.50Bengaluru: ₹ 905.50Chandigarh: ₹ 912.50Jaipur: ₹ 906.50Patna: ₹ 1,001.00Kolkata: ₹ 929.00Chennai: ₹ 918.50Noida: ₹ 900.50Bhubaneshwar: ₹ 929.00Hyderabad: ₹ 955.00Lucknow: ₹ 940.50Trivandrum: ₹ 912.00

Commercial Gas Price in Metro Cities

CityCommercial Gas Price (As of 1st November)Delhi: Rs.1796.50Mumbai: Rs.1749.00Chennai: Rs.1968.50Kolkata: Rs.1908.00

AutoGas Prices in Metros

CityAuto Gas PriceDelhi: Rs.57.64Mumbai: Rs.57.84Chennai: Rs.57.38Kolkata: Rs.53.31

What is LPG?

Liquefied Petroleum Gas (LPG) comprises butane and propane, primarily used for vehicular power, cooking, and heating. This fossil fuel is a byproduct of crude oil refining and natural gas processing.

Leading Gas Connection Providers in India

HP Gas: Managed by Hindustan Petroleum Corporation Limited, HP Gas offers nationwide gas connections, providing subsidized LPG cylinders under government plans, contingent on necessary documentation submission. Customer connection transfers are available nationwide.

Indane Gas: Managed by Indian Oil Corporation, Indane Gas delivers LPG cylinders across India. Submission of relevant documentation to local distributors is required for new connections, which after verification, might be eligible for subsidies. Online applications are facilitated through the official Indane website.

Bharat Gas: Operated by Bharat Petroleum Gas, Bharat Gas extends domestic connections throughout the nation. A web portal offers multiple services, yet online cylinder booking is unavailable. Documentation submitted will determine subsidy eligibility, and connection transfers are accessible nationwide.

Domestic LPG vs Commercial LPG

Domestic LPG:

  • Primarily utilized for household purposes.
  • Prices are reliant on state-operated oil firms, reflecting global crude oil prices and exchange rates.
  • Monthly price adjustments.
  • Subsidy eligibility.
  • Less costly than commercial LPG.
  • Identified by its red color.
  • Available in 5 kg and 14.2 kg variants.

Commercial LPG:

  • Intended for non-domestic uses including agriculture, power production, transport, dining, industrial sectors, and hospitality.
  • Similar pricing determination as domestic LPG but revised more often.
  • No subsidy eligibility.
  • Costlier than domestic LPG.
  • Identified by its blue color.
  • Available in 5 kg, 19 kg, and 47.5 kg sizes.
Available on both IOS and AndroidTry Pluto Money Today 👇
Author
Team Pluto
Have a question?
Digital GoldInvest in 24K Gold with Zero making ChargesLearn More
Digital SilverInvest in silver with Zero making ChargesLearn More
Pluto FixedEarn from 11% to 14% Returns annually in a fixed lock-in periodLearn More