Oil marketing companies that are run by the state determine LPG prices in India. The prices are revised every month and stands lowest at Rs. 577.00 in Noida today. An LPG connection is present in almost every household. LPG cylinders in the country are mainly used for cooking.
The two main factors that determine the prices of LPG cylinders in India are the exchange rate of the rupee against the dollar and the global benchmark rate. In a year, every household can get up to 12 cylinders (14.2 kg each) at subsidised rates. In the case of more cylinders, the market price must be paid. LPG prices in India are determined by the previous month’s international market price.
LPG Gas Price Today (05 Jun 2020)
Liquefied Petroleum Gas (LPG) constitutes of butane and propane and is mainly used for powering vehicles, cooking, and heating. As LPG is a fossil fuel, it is made from gas wells and oil. The manufacturing process of LPG includes the crude oil refinery process and natural gas processing.
Top Gas Connection Providers in India
Some of the top gas connection providers in India are mentioned below:
- HP Gas: Run by the Hindustan Petroleum Corporation Limited, HP Gas provides gas connections to its customers across India. The government provides its customers LPG cylinders at a subsidy price under its scheme. However, in order to receive the subsidy amount, the eligibility can be checked by submitting the required documents. If you are already an existing HP Gas customer, you can transfer the connection from one place to another across India. The required documents must be submitted in order to apply for a new connection.
- Indane Gas: Indian Oil Corporation runs Indane Gas and provides LPG cylinders across India. In order to apply for a new connection, you must submit the relevant documents at the nearest Indane Gas distributor. The documents will be verified to check if you are eligible for any subsidy under the government scheme. You have the option to apply for a new connection on the official website of Indane Oil Corporation. The connection can be transferred at any place across India.
- Bharat Gas: Bharat Petroleum Gas runs Bharat Gas and provides gas connections across India for domestic consumption. A web portal is provided by the company for individuals to access various services. However, a new cylinder cannot be booked online. The relevant documents must be submitted in order to apply for a new connection. Based on documents that have been submitted, eligibility for the subsidy will be determined. Bharat Gas allows its customers to transfer the connection from one place to another across India.
Domestic LPG vs Commercial LPG
|Domestic LPG||Commercial LPG|
|Mainly used for domestic household purposes.||Used for non-domestic purposes such as agricultural usage, electricity generation, transportation, poultry, eatery joints, industries, restaurants, and hotels.|
|The prices are determined by oil marketing companies that are run by the state and depend on the crude oil prices in the international markets and the currency exchange rate.||The prices are determined by oil marketing companies that are run by the state and depend on the crude oil prices in the international markets and the currency exchange rate.|
|The prices are revised at the beginning of every month.||The prices are revised on a regular basis.|
|Eligible for subsidy.||Not eligible for subsidy.|
|The prices are cheaper when compared to commercial LPG cylinders.||The prices are more expensive when compared to domestic LPG cylinders.|
|Painted in red colour for easy identification.||Painted in blue colour for easy identification.|
|Available in 5 kgs and 14.2 kgs||Available in 5 kgs, 19 kgs, and 47.5 kgs|