The price of non-subsidised LPG cooking gas will be reduced by ₹62.50 per 14.2 kg cylinder in New Delhi, effective August 1, an official statement said on Wednesday.
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According to the Indian Oil Corporation, the price reduction comes on the back of prices in the international market and the dollar-rupee exchange rate.
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"Accordingly, the upfront cash payment by the consumers of domestic LPG will also reduce by ₹62.50 per cylinder.
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Domestic LPG consumers will now be required to make upfront cash payment of ₹574.50 only per 14.2 Kg cylinder in August 2019 in place of ₹637 per cylinder for July 2019," IOC said in the statement.
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