The price of Non-Subsidised LPG at Delhi will decrease by Rs.133.00 per cylinder w.e.f. 1st December’2018, due to fall in price of LPG in international market and strengthening of US$-rupee exchange rate. Accordingly, the upfront cash payment by the consumer for purchase of domestic LPG refill will reduce by Rs.133/cylinder, i.e. from Rs.809.50/- cylinder in December, 2018 in Delhi market in place of Rs.942.50/- cylinder in November, 2018.
As domestic LPG prices are subsidized by Government, the Effective Price after subsidy to consumer will reduce by Rs.6.52/cylinder (from Rs. 507.42 in November 2018 to Rs.500.90 for the month of December 2018). The reduction is on account of GST impact on decrease in price of Non-Subsidised LPG.
The balance amount is borne as subsidy (Rs 308.60 Per cylinder) by the Central Government and is being transferred to the Bank account of LPG consumers after purchase and delivery of a refill.
Executive Director (Corporate Communications)
Indian Oil Corporation Limited
Corporate Office, New Delhi