New Delhi: Escalating West Asia tensions have pushed up LPG prices in India by ₹60 for domestic cylinders and ₹115 for commercial ones effective Saturday driven by global energy cost surges further squeezing household and business finances amid rising inflation.
Indian Oil Corporation (IOC) updated its website showing non-subsidised 14.2-kg domestic cylinders now at ₹913 in Delhi, ₹939 in Kolkata, ₹912.50 in Mumbai, and ₹928.50 in Chennai — a direct burden on family cooking expenses — while 19-kg commercial cylinders rose to ₹1,883 in Delhi, ₹1,990 in Kolkata, ₹1,835 in Mumbai, and ₹2,043.50 in Chennai, impacting hotels, eateries, and small industries with state variations from local VAT or sales taxes.
This is the second hike in 11 months since April last year. However, Ujjwala Yojana’s 10 crore beneficiaries will continue to avail a ₹300 subsidy per 14.2-kg cylinder for 12 refills yearly — easing economic pressure on low-income families.
Industry sources link the rise to West Asia conflict-triggered global spikes, noting India’s LPG remains the most affordable for millions of consumers in the region.
Despite the hike, officials highlight economic resilience with strong stocks to prevent shortages as Union Minister for Petroleum and Natural Gas Hardeep Singh Puri stated on X: “Our priority is to ensure the availability of affordable and sustainable fuel for our citizens, and we are doing it comfortably. There is no shortage of energy in India, and there is no cause of worry for our energy consumers.”
Countering social media panic, Indian Oil posted on X: “India has sufficient fuel stocks, and supply and distribution networks are functioning normally. Indian Oil is committed to maintaining an uninterrupted fuel supply across the country. Citizens are requested not to panic or crowd fuel stations and to rely only on official sources for accurate information.”
The government has directed all LPG refineries to boost output to maintain adequate availability nationwide. Government sources, quoted by ANI, affirmed India’s “very comfortable position” in crude, petroleum, and LPG via diversified imports despite concerns arising from the Strait of Hormuz risks — ensuring supply without further price shocks.
