New Delhi: In the second consecutive hike, state-run fuel retailers today increased the price of non-subsidised cooking gas (LPG) cylinders by ₹5 per 14.2-kg cylinder. After the price hike, a 14.2-kg cylinder now costs ₹706.50 in New Delhi.
In Mumbai, a non-subsidised LPG cylinder costs ₹678.50, Chennai ₹722 and Kolkata ₹732.50.
In the subsidised category, LPG prices have gone up marginally by about 25 paise a cylinder. A 14.2-kg cylinder costs ₹495.86 in Delhi, ₹499 in Kolkata, ₹493.57 in Mumbai and ₹483.74 in Chennai.
This is the second straight increase in LPG rate after price was hiked by ₹42.5 per cylinder on March 1.
Non-subsidised LPG is the gas that consumer buys after exhausting their quota of 12 cylinders of 14.2-kg at sub-market or subsidised rates.
LPG, as well as ATF prices, are revised on 1st of every month based on the average international rate for benchmark fuel and foreign exchange rate in the preceding month.
Also, the price of kerosene sold through the public distribution system (PDS) was increased to ₹32.54 per litre from ₹32.24. This is in accordance with the 2016 decision to raise rates by 25 paise a litre every month till subsidy on the fuel is eliminated. Non-subsidised kerosene costs ₹64,460.83 per kl ( ₹64.46 per litre) in the national capital.
Jet fuel price was hiked by over 1%, the second straight monthly increase in rate coming on the back of firming global prices.
The price of Aviation Turbine Fuel (ATF) was hiked by ₹677.1 per kilolitre, or 1.07%, to ₹63,472.22 per kl in the national capital, according to price notification issued by state-owned oil firms.
The increase comes on the back of a steep 8.1% ( ₹4,734.15 per kl) hike in rates effected on March 1. The hike will add to the burden of cash strapped airlines that are already reeling under pressure from cut-throat competition in the sector.
(Inputs from PTI)