New Delhi: Oil marketing companies (OMCs) on Saturday hiked the prices of commercial Liquefied petroleum gas (LPG) cylinders by Rs 209, with effect from Sunday, Industry sources announced.
Although not officially confirmed, with the new raise, the price of a 19-kg commercial LPG cylinder will be Rs 1,731.50 from October 1 onwards in New Delhi.
The decision has come just a month after OMCs had slashed the prices of commercial LPG cylinders by a significant Rs 158, with effect from September 1, thus bringing their price down to Rs 1,522 in the national capital.
The latest hike in prices of commercial LPG cylinders also comes just over a month after the Centre had cut prices of domestic LPG cylinders by Rs 200 for all connection holders across the country, in August.
Monthly revisions for both commercial and domestic LPG (liquefied petroleum gas) cylinders are done on the first day of each month. Earlier in August too, the prices of commercial LPG cylinders were cut by Rs 99.75 by OMCs.
With inputs from IANS