There is a marginal increase of Rs.1.76 per cylinder (from Rs. 496.26 in July 2018 to Rs. 498.02 in August 2018) in the effective price of Subsidised LPG cylinder in Delhi for domestic customers for the month of Aug 2018.
While the price of Non-Subsidised LPG at Delhi will increase by Rs. 35.50 per cylinder in August 2018 mainly due to change in international price and foreign exchange fluctuations, the actual impact on subsidised domestic LPG customers is only Rs.1.76 per cylinder, which is mainly due to GST on the above. The subsidy transfer in customers’ bank account has been increased to Rs. 291.48 per cylinder in August 2018 as against Rs. 257.74 per cylinder in July 2018. Thus the domestic subsidised LPG customer is protected against the increase in prices of LPG.
Executive Director (Corporate Communications)
Indian Oil Corporation Limited