In a significant development on Wednesday, commercial LPG prices in India have been hiked once again amid the ongoing tensions in West Asia, with global energy supply disruptions driving the latest revision.
While commercial cylinder rates have gone up, domestic LPG prices remain elevated following a recent increase earlier this month. This marks the second hike in commercial LPG prices within a month, adding further cost pressure on businesses such as hotels, restaurants, and hostels.
What’s changed?
The sharpest increase has been seen in the widely used 19 kg commercial LPG cylinder. In Delhi, the price has risen by ₹195.5 — from ₹1,883 on March 7 to ₹2,078.50 — a jump of over 10%.
Earlier, on March 7, commercial LPG prices were already increased by ₹114.50. On the same day, the price of the 14.2 kg domestic cooking gas cylinder was raised by ₹60 across the country, taking the price in Delhi to ₹913 — the highest since August 2023.
City-wise LPG prices (as of Wednesday)
Here’s a snapshot of LPG rates across major cities:
- Delhi: ₹2,078 (19 kg) | ₹4,348 (47.5 kg) | ₹317 (5 kg) | ₹913 (14.2 kg)
- Bengaluru: ₹2,161 | ₹4,532 | ₹318 | ₹915
- Chennai: ₹2,246 | ₹4,745 | ₹323 | ₹928
- Mumbai: ₹2,031 | ₹4,226 | ₹317 | ₹912
Businesses that rely heavily on bulk LPG, particularly in the food and hospitality sectors, are now facing rising operational costs in a short span.
ATF prices surge sharply
Alongside LPG, aviation turbine fuel (ATF) prices have also witnessed a steep increase.
For domestic airlines in Delhi, ATF prices have surged from ₹96,638.14 per kilolitre on March 1 to ₹207,341.22 — an increase of over 114%.
For international airlines, prices have jumped from $816.91 per kilolitre to $1,690.81, reflecting a rise of around 107%.
Who controls fuel pricing?
India’s LPG and ATF retail market is largely dominated by state-run oil marketing companies such as Indian Oil Corporation, Bharat Petroleum Corporation Limited, and Hindustan Petroleum Corporation Limited.
