In a New Year surprise, government oil companies have reduced the price of 19 kg commercial LPG cylinders. According to the official website of Indian Oil, the price cut is effective from January 1, 2025, with a reduction of ₹14.50 per cylinder. However, this price drop applies only to commercial LPG cylinders, while the prices of domestic cylinders used in households remain unchanged.
Updated Price of Commercial LPG Cylinders
The 19 kg commercial LPG cylinder, commonly used in hotels, restaurants, and sweet shops, will now cost ₹1814 in Delhi. Here’s the updated pricing for other major cities:
- Kolkata: ₹1911.00
- Mumbai: ₹1756.00
- Chennai: ₹1966.00
This reduction comes as a relief after consistent price hikes in recent months. In December 2024, the price of the commercial LPG cylinder increased by ₹16.50, and in November, it rose by ₹62.
Price Trends of Commercial LPG Cylinders
Government oil companies review LPG prices monthly. In the last five months, there had been successive price hikes:
- December 1, 2024: Increased by ₹16.50
- November 1, 2024: Increased by ₹62.00
- October 1, 2024: Increased by ₹48.50
- September 1, 2024: Increased by ₹39.00
- August 1, 2024: Increased by ₹6.50
The last major reduction was on October 1, 2024, when the commercial cylinder was priced at ₹1740.
Domestic LPG Cylinder Prices
The prices of 14.2 kg domestic LPG cylinders used in households have remained stable for months. The current non-subsidized rates are:
- Delhi: ₹803.00
- Kolkata: ₹829.00
- Mumbai: ₹802.50
- Chennai: ₹818.50
Beneficiaries of the Ujjwala Yojana continue to receive a subsidy of ₹300 per domestic cylinder, limited to 12 cylinders annually. Beyond this limit, no subsidy is provided.
This price cut on commercial LPG cylinders is expected to provide significant relief to businesses at the start of the New Year, ensuring reduced operational costs across various sectors.
