LPG Price in Punjab

LPG prices in Punjab are primarily influenced by state-run oil companies and fluctuate monthly based on global crude fuel rates. When crude oil prices rise, so do LPG rates in Punjab, and conversely, a decrease in crude oil prices leads to lower LPG rates. As a safe and colorless gas, LPG has witnessed a significant increase in usage across both domestic and industrial sectors in Punjab.

The LPG price in Punjab 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 Punjab 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 Punjab 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.

How can a consumer register their mobile number via SMS for booking an Indane Gas cylinder?

If the consumer is using the SMS facility for the first time, then they have to send an SMS to IOC to xxxxxxxxxx.

For Example: If the distributor’s telephone number is 24586145, the STD code is 044, consumer number is FV2649H, then the SMS should be sent as shown below IOC 04424586145 FV2649H.

For subsequent bookings, one has to send an SMS IOC to xxxxxxxxxx.

After registering the mobile number, the consumer can subsequently refill the LPG bookings every time by sending an SMS from the same mobile number which was used for registering and booking the LPG cylinder previously.

What are the advantages of using Paytm to book an Indane LPG gas cylinder?

Secure Transactions – The process of booking a refilled Indane LPG cylinder using Paytm is very simple, easy and quick. It can be done in just a few seconds by following the steps.

Safe Transactions – Booking a gas cylinder using the Paytm app is safe and secure. The usage of advanced encryption technology in the Paytm app will protect the personal and financial information of the users.

Flexible Payment Mechanism – The users of the Paytm app will find a range of available options for booking a refilled LPG cylinder. The app will allow the user to choose their preferred method of payment while placing a booking for a domestic LPG cylinder. The flexibility will make it easy and hassle-free for the users to pay for their gas bookings at ease.

Uses of LPG

Liquified petroleum gas or LPG is used extensively in India for domestic cooking purposes. Apart from its usage in cooking, this efficient form of fuel has other uses.

Agriculture – Liquified Petroleum Gas is used for crop drying, greenhouses, and flame weeding.

Electricity Generation – LPG is used in Co-gen, Gas Turbines, generators, and Trigen.

Livestock – It has found its usage in diaries, poultry sheds, piggeries and so on.

Business & Industry – It is used in big boilers in many industries, for ovens, furnaces, ovens and so on.

Construction Industry – LPG being a portable gas has found its usage in the construction industry. It can be used for several reasons like cutting, earthworks, roofing activities, and welding applications.

Aerosols Industry – LPG is an odourless and colourless gas and hence it is required in the aerosol industry, where it is considered an ideal propellant. These aerosol propellants are used to manufacture spray paint, pesticides, food-grade packaging material, perfumes, cosmetics, air fresheners and so on.

To support low-income households, the Government of India offers subsidized domestic LPG gas cylinders (14.2 kgs) in Punjab. Subsidies are directly credited to customers' bank accounts. Currently, cooking gas remains easily accessible to a majority of the population in Punjab.

This subsidized pricing initiative aims to ensure that essential cooking gas remains affordable for households across Punjab. As a result, families can continue to rely on LPG for their cooking needs without experiencing undue financial strain. The availability of subsidized LPG cylinders underscores the government's commitment to promoting access to clean and affordable energy sources for all segments of society.

How Are Punjab LPG Rates Today Lower Despite Internationally Rising?

Multiple factors are considered for determining LPG rates in Punjab today. The most significant aspects are covering the demand and supply scenarios. If the demand of the region stays higher than supply provided, then there is an increase in today's LPG prices in Punjab. On the other hand, if the supply increases slightly and takes over the demand, then Punjab LPG rates today would tumble as per the situation.

Government Regulations play a key role in deriving local crude oil rates in India. The tax collected through crude oil trades is one of the large contributions received by the central government revenue. If recently the central government decides to increase the revenue generate, then there is an increase expected in LPG rates in Punjab today along with other parts of the country. In contrast if the government of India enters into and agreement with crude oil exporting counties like UAE, Iran, Russia, Kuwait and Saudi Arabia with cuts in import charges and custom duty, then there some chances of LPG rates in Punjab to stable stable ahead. Moreover, the increased supply internationally as well as from domestic supply would push for today's Punjab LPG rates for a downward movements if the state and central government of India allows it.

Apart from domestic factors, international scenarios slightly impact and have directional influence over crude oil rates and LPG prices in Punjab today. If the demand for oil at global levels increases with traders flocking towards commodity futures and oil trades, the value and prices are evident to increase. Hence, a similar push is witnessed in India LPG rates and today Punjab LPG prices would react as per the national average movement recorded for the day.