Price Revision of Non-Subsidised LPG Cylinder to Affect Less than 1% of LPG Consumers
Capital Market
The Oil Marketing Companies have revised the price of non-subsidised domestic LPG cylinders beyond the annual cap of 12 cylinders by Rs. 16.50 with effect from midnight of 30th June/1st July 2014 in accordance with international prices.
More than 99% customers use less than 12 cylinders per year and thus will remain unaffected by this hike. This price increase will affect only less than 1% of consumers who consume more than 12 cylinders per annum.
Powered by Capital Market - Live News