The price of a subsidised domestic LPG cylinder (14.2 kg) will be hiked by ₹ 2.89 per cylinder for October 2018.
A domestic cylinder will now cost ₹ 502.40 per cylinder from ₹ 499.51 a cylinder in September 2018.
An IndianOil statement said, “The price of Non-Subsidised LPG at Delhi will increase by ₹ 59.00 per cylinder in October 2018 mainly due to change in international price and foreign exchange fluctuations.”
“The actual impact on subsidised domestic LPG customers is only ₹ 2.89 per cylinder, which is mainly due to GST on the above,” the statement added.
“The subsidy transfer in customers’ bank account has been increased to ₹ 376.60 per cylinder in October 2018 as against ₹ 320.49 per cylinder in September 2018,” IndianOil said.