LPG value: State-run Indian Oil Company Ltd (IOCL) has slashed the value of economic LPG fuel cylinders with impact from June 1. In Delhi, costs dropped by Rs 69.50, setting the retail value at Rs 1,676. This adjustment presents reduction to companies dealing with financial challenges.
Beforehand, on Could 1, 2024, there was a Rs 19 discount in costs. The retail gross sales value of a 19 kg industrial LPG cylinder in Delhi was Rs 1745.50. In April, the value was lowered by Rs 30.50 to Rs 1764.50 for a 19-kg industrial cylinder.
Value chart
Based on Indian Oil, the costs of Indane Fuel LPG cylinders (19-kilogram) as of June 1, 2024, in main metropolitan cities are as follows: Delhi – Rs 1,676, Kolkata – Rs 1,787, Mumbai – Rs 1,629, and Chennai – Rs 1,840.
| Metropolis | Revised Value June 1, 2024 | Previous Value |
| Delhi | Rs 1,676 | Rs 1745.50 |
| Kolkata | Rs 1,787 | Rs 1859.00 |
| Mumbai | Rs 1,629 | Rs 1,698.50 |
| Chennai | Rs 1,840.50 | Rs 1,911 |
Indian Oil Company (IOC), Bharat Petroleum Company Ltd (BPCL), and Hindustan Petroleum Company Ltd (HPCL) alter cooking fuel costs on the first of each month.
The federal government is enacting a number of applications to encourage the utilization of LPG cylinders for family cooking, just like the Pradhan Mantri Ujjwala Yojana, offering subsidies to qualifying households.
