Prices of LPG Cylinders Slashed Starting 1 March

Ahead of Holi, oil companies have slashed the prices of liquefied petroleum gas (LPG) cylinders, NDTV reported. Effective from 1 March, prices of both subsidised and non-subsidised cylinders have been reduced in the latest rate cut in Delhi, Kolkata, Mumbai, and Chennai. The latest revision of rates is the third revision in 2018, the report added.

Under the subsidized LPG cylinder quota, a household is entitled to get 12 LPG cylinders of 14.2 kg each at subsidised rates in a year. For any requirement beyond the earmarked tally, consumers will have to purchase a cylinder at the market price (non-subsidised LPG rates).

Subsidised LPG Cylinder Rates

According to Indian Oil Corporation website, a subsidised LPG cylinder of 14.2 kilograms will cost Rs 493.09 in Delhi, Rs 496.07 in Kolkata, Rs 490.8 in Mumbai and Rs 481.21 in Chennai.

Also Read: LPG Now Costlier by Rs 4.50 Per Cylinder, Jet Fuel up by 6%

Subsidised LPG or cooking gas prices have come down by Rs 2.6 per cylinder in Delhi, Rs 2.36 per cylinder in Kolkata, Rs 2.58 per cylinder in Mumbai and Rs 2.48 per cylinder in Chennai, the Indian Oil Corporation's website stated.

Non-Subsidised Rates

According to the country's largest fuel retailer, the non-subsidised LPG or cooking gas will now cost Rs 689 per cylinder (14.2 kg) in Delhi, Rs 711.5 per cylinder in Kolkata, Rs 661 per cylinder in Mumbai and Rs 699.5 per cylinder in Chennai.

How Does it Benefit Us?

In 2018 so far, the non-subsidised LPG rates have been reduced by Rs 58 in Delhi and Mumbai, Rs 54.5 in Kolkata and Rs 56.5 in Chennai.

According to the NDTV report, the new non-subsidised LPG prices are lower by Rs 47, Rs 45.5, Rs 47 and Rs 46.5 per cylinder in the four metros. While the LPG consumers will have to pay Rs 2.54 less in Delhi, Rs 2.53 in Kolkata, Rs 2.57 in Mumbai and Rs 2.56 less in Chennai for a cylinder of LPG or cooking gas at subsidized rates.

The 19 kg cooking gas cylinders used commercially will also get cheaper, Business Today reported.

(With inputs from NDTV, Indian Oil Website)

(Hey lady, what makes you laugh? Do you laugh at sexism, patriarchy, misogyny, or other 'sanskari' stereotypes? This Women's Day, join The Quint's Ab Laugh Naari campaign. Pick up that beer, say cheers, and send us photographs or videos of you laughing out loud at

. Read more on India by The Quint.Prices of LPG Cylinders Slashed Starting 1 MarchBattle of the Box Office: It’s Avengers vs Rajinikanth This April . Read more on India by The Quint.