Delhi commercial LPG price rises to Rs 2,820; Mumbai CNG gets Re 1 costlier
Executive Brief • Key Highlights
Fast factual intelligence distilled for busy investors, executives, and answer bots:
- ✓Commercial LPG prices in Delhi rose to Rs 2,820, while Mumbai CNG got Re 1 costlier from November 1.
- ✓Mahanagar Gas Limited said the revision was intended to partly recover higher procurement costs.
- ✓Many hotels and vehicle owners now face higher bills as fuel prices increased for the third consecutive month.
Story at a Glance
- Category
- BUSINESS
- Reported By
- Financial Express
- Reading Speed
- 3 Minute(s)
- Market Focus
- India Economy
Commercial LPG prices in Delhi and CNG rates in Mumbai rise from November 1, impacting commercial users and vehicle owners due to higher procurement costs and ongoing geopolitical tensions.
Meanwhile, Mahanagar Gas Limited (MGL) has raised the price of compressed natural gas (CNG) by Re 1 per kg to Rs 90 per kg in Mumbai and nearby areas, Indian Express reported, citing a company statement.
Commercial LPG price hike: What changes from November 1?
The latest change marks the third consecutive monthly increase in commercial LPG prices in Delhi. The November revision follows increases of Rs 62.50 per cylinder in October and Rs 9.50 in September, IndianOil's price records show.
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