LPG Price in Delhi

Delhi is the capital state of India, with robust trading, mining, textile, manufacturing, construction and other economic activities taking place. The strategic presence of the state in the central part of the country and close to industrial production area of states like Punjab, Jaryana, Uttar Pradesh, Madhya Pradesh and Rajasthan, makes its a destination with high employment opportunities. The potential for investment stays highs which by the traditional and local significance of regular need of consumption, would hold LPG prices in Delhi today accordingly.

The LPG price in Delhi is mainly determined by the state-run oil companies and the same is subject to change on a monthly basis based on the global crude fuel rates. The rise in crude oil leads to a rise in the LPG rates in Delhi and vice-versa. LPG is a safe and colourless gas and hence its use has tremendously increased in the domestic and industrial sector. The government of India is currently providing domestic LPG Gas cylinder (14.2 kgs) in Delhi at subsidized rates to the low-income section of the society. The subsidy amount will be directly transferred to the customer’s bank account. Currently, the cooking gas in India is easily accessible to most of the people.

LPG rates in Delhi 

The rate of LPG in Delhi is keep growing for the past 1 year. In September 2020, the rate of LPG in the city was around Rs 594 for a 14.2 kg cylinder, now, it is priced around Rs 899.50. The price of LPG heavily depends on the price of LPG in the global market and how the international market is performing. A slight change in the price of crude makes a huge change in the domestic price.

In India, the LPG cylinder is of two categories, subsidised and unsubsidised. Subsidised cylinders customers get a low-cost cylinder while the price of non-subsidised cylinder customers gets a slight expansive LPG cylinder compared to subsidised one. The Indian household is allowed to purchase 12 cylinders per year at the subsidised rate. More than 12 cylinders will fall under the non-subsidised cylinder and will cost more to the customers.

The price of commercial LPG cylinders in the city has also witnessed a huge hike in their price over the last couple of months. As of now, it is priced around Rs 15950.50 for 19 Kg cylinders. Commercial LPG cylinder comes in various sizes and weight depending on the usage.

Ever since the launch of various schemes to promote the use of LPG cylinders there has been a rise in the customer number of LPG users in the city and the country. As per the historical data, the price of LPG in the city has seen a rapid hike. This hike somehow also impacted how the customers use these cylinders. 

About Indane

Liquefied Petroleum Gas (LPG) is one of the most popular forms of fuel used for domestic cooking purposes in India. The marketing operations of LPG started way back in 1955 in Mumbai under the Burmah Shell Oil Company.

The Indian Oil Corporation or Indane which is under the ownership of the Ministry of Petroleum and Natural Gas of the Government of India is the world's second-largest government-owned subsidiary. Its main work is to manufacture and distribute LPG cylinders across India.

The brand Indane was conceived in 1964. The LPG cooking fuel brings modern cooking culture to Indian kitchens. The first Indane LPG connection was released on October 22, 1965, at Kolkata. Right now, Indane serves over 130 million families through a network of 12,500 distributors both in urban and rural areas.

What are Security Deposit Charges for LPG cylinders for Bharat Gas customers?

The security deposit charges on LPG cylinders differ according to the weight of the cylinder. The prices slightly vary in the North Eastern States and apart from this, the prices remain the same across India for Bharat Gas customers.

Bharat Gas Customer Care Number

The Customer Care Number of Bharat Gas is 1800-22-4344.

It is operational 24X7. The consumers can even call the customer care number for ordering the refilled cylinder. The cylinder will be delivered in two and nominal charges will apply. The delivery of cylinders will be made between 9 am – 9 pm. This kind of service from Bharat Gas is available in Bangalore, Hyderabad, Gurgaon, Ahmedabad, Pune, Mumbai, Delhi, Faridabad.

Who should a consumer contact in case of LPG cylinder leakage during nights/holidays?

If a consumer observes leakage of an LPG cylinder beyond working hours and on public or government holidays one can contact the Emergency Service Cell (ESC), operating in the respective areas. The phone numbers of the ESC will be mentioned on the refill cash memos.

Or

One can select the dealer’s name on the http://webapps8.hpcl.co.in/DealerLocator/ web portal and then proceed further and click on the Emergency Service Cell to locate the ESC operating in the area.

Factors That Can Impact Delhi LPG Prices Today

What Ways Does Today Delhi LPG Prices Are Derived?

There are numerous aspects that are considered for determining local LPG rates today in Delhi. The local demand and supply plays a key role as per economic understanding. If there are major festivals like Diwali, Dushhera, Bhai Beej, and Dhanteras would increase the demand and local LPG rates in Delhi today would remain stable with government intervention and help smooth function of the overall consumption requirement in the state. The higher employment generation in the urban region facilitates for stable income among the residents and with an appropriate disposable amount saved. If the crude oil price globally escalate higher, then Delhi LPG rates today wouldn't be much impacted as the central and state government ensure some Reserves are at place to utilize and balance of in times of crisis. A consistent upward trend with small hikes in today's LPG price in Delhi, helps the development and economic growth of the region stay strong.

Why Delhi LPG Rates Today Stay Lower Than Previous Year

There are multiple reasons for LPG rates in Deli today to either fall or hike. However, for this year particularly, there are high chances for further decline in LPG rates in Delhi and other major cities of the country. As it is know, 2024 is the election year to determine the next prime minister of the country. The traditional approach of the past government have followed this year as well, which includes luring voter sentiments through public services and subsidies. LPG rate in Delhi today along with high densely populated cities are maintained by the government through the tax collection slab.

The higher the tax collection for the state & central government, the higher becomes the cost for the end-using consumers. In contrast, when the government decides for gaining voter attraction through these facility and necessity medium, they tend to lower LPG prices in Delhi, Mumbai, Kolkata, Chandigarh, Chennai, Jaipur and Bangalore. This helps the ruling governments in ensuring the large middle-income population of the country is diverted towards the attention of lower LPG prices today, which political parties expect would have major impact while casing their vote.

The positive tight regulations by the government for LPG prices in Delhi today helps maintain the affordability range, as fuel and LPG consumption falls under inelastic demand and price relationship. Hence, the government ensure no private or public corporations can involve in market cornering or inflation activities, which ensures a reasonable and acceptable range of Delhi LPG rates today.

Recent surge in LPG prices in Delhi

The government plays a crucial role in regulating LPG prices in Delhi. LPG, or Liquefied Petroleum Gas, is a vital energy source for many households in the city. The pricing policies impact millions of residents who depend on this fuel for cooking and heating.

In Delhi, LPG prices are influenced by both global oil prices and domestic factors. The government closely monitors international crude oil prices and adjusts LPG prices accordingly. This ensures that the domestic market remains stable and that consumers are not overly burdened by sudden price hikes.

Subsidies are a significant aspect of the government's regulation strategy. The central government provides subsidies to make LPG affordable for the general public. These subsidies are directly transferred to the consumers' bank accounts under the Direct Benefit Transfer (DBT) scheme. This ensures transparency and reduces leakages in the system.

Additionally, the government regulates LPG prices through the Petroleum and Natural Gas Regulatory Board (PNGRB). The PNGRB oversees the pricing mechanism and ensures that the prices remain fair and competitive. This regulatory body also addresses consumer grievances and ensures that suppliers adhere to the prescribed norms.

To further aid consumers, the government periodically revises the subsidy amount based on various factors, including the global oil market trends and the domestic economic environment. This dynamic approach helps in maintaining a balance between consumer affordability and market sustainability.

In recent years, the government has also encouraged the use of LPG by launching initiatives such as the Pradhan Mantri Ujjwala Yojana. This scheme aims to provide LPG connections to low-income households, thereby reducing dependence on traditional fuels like wood and coal.

The regulation of LPG prices in Delhi is a complex process involving multiple factors and stakeholders. The government's proactive measures ensure that the citizens have access to affordable and reliable energy sources. This, in turn, contributes to the overall economic stability and development of the region.