The Government of India has increases the price of non-subsidised cylinder by Rs 86 per bottle Wednesday on firming international rates.
The state owned Indian Oil Corporation (IOC) said, the consumers buy 14.2kg cooking gas cylinder beyond their entitled 12 bottles at subsidised rates will now cost Rs. 737.50 in Delhi.
Ministry of Petroleum & Natural Gas said, “With effect from 1st March, 2017, non-subsidised price of LPG cylinder has increased by Rs.86. This is in line with the rise in global LPG product prices. However, there will be no impact on the LPG consumers receiving subsidised refills.”
For example, if consumer pays Rs 737 for a new refill in Delhi and will receive the subsidy amount of Rs 303 in their account and the net price for the consumer will be Rs 434, which remains unchanged.