Non-subsidised liquefied petroleum gas (LPG) prices have been increased by ₹ 25.50 on July 1, 2021. From July 1, the price of non-subsidised LPG will be ₹ 834.50 per cylinder (14.2 kilograms) each in Delhi and Mumbai. The price of LPG cylinder is the highest in Chennai, at ₹ 850.50. With the latest price hike, LPG prices have gone up by ₹ 140 per 14.2-kg cylinder in the last six months.
Indian Oil, the country’s largest fuel retailer, supplies LPG cylinders under the brand Indane.
The hike in the LPG comes at a time when petrol and diesel rates are at record highs across the country. Petrol prices have already crossed the ₹ 100 mark in Mumbai and are inching towards the 3-figure mark in the other metro cities.
The government subsidises 12 cylinders of 14.2 kilograms each per household every year. Customers have to make any additional purchases of LPG cylinders at the market price. The amount of the subsidy provided by the government on the annual quota of 12 refills varies from month to month and is determined broadly by factors such as foreign exchange rates and crude oil prices.