Commercial LPG price hiked by Rs 25 per cylinder on first day of 2023

New Delhi, Jan 1: By raising the cost of commercial liquefied petroleum gas (LPG) cylinders on the first day of the New Year 2023, the Oil Marketing Companies (OMCs) have given their customers a major shock. Across the nation, the cost of 19 kilogramme commercial LPG cylinders has increased by Rs 25. However, the rates of the domestic cylinders will not be changed and will be sold at their existing prices.

OMCs changed the rates of the commercial cylinder from January 1, 2023. The move will make it costlier to dine out at restaurants, hotels, etc. However, the price of domestic LPG cylinders will not change, so it will not affect the budget of ordinary people.

Earlier, OMCs increased the price of the domestic cylinder on July 6, 2022. It was increased to Rs 153.5 cumulatively. Prices were hiked four times. OMCs first increased by Rs 50 in March 2022, then it again hiked by Rs 50 and Rs 3.50 in May month. Finally, it hiked the prices of the domestic cylinder by Rs 50 in July last year.