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LPG costlier by Rs 1.50 a cylinder; Jet fuel price hiked by 6%

LPG

New Delhi: Jet fuel or ATF price was on Sunday hiked by a steep 6 percent on firming international rates, the third straight increase in rates since August.

Aviation turbine fuel (ATF) will now cost Rs 53,045 per kilolitre (kl) in Delhi, Rs 3,025 per kl more than Rs 50,020 previously, according to a price hike notification by Indian Oil Corp, the nation’s biggest fuel retailer.

This is the third consecutive monthly hike in ATF price, the last being by 4 percent (Rs 1,910 per kl) on September 1.

Also, cooking gas (LPG) price was hiked by Rs 1.50 per cylinder in line with the government decision to raise rates every month to eliminate subsidies by March.

A subsidised 14.2-kg LPG cylinder will from Sunday cost Rs 488.68 in Delhi as against Rs 487.18 previously, IOC said.

The hike comes on the back of over Rs 7 per cylinder increase effected from September 1.

The price of non-subsidised LPG or market priced cooking gas has also been hiked by Rs 1.50 to Rs 599 per bottle.

Today’s hike in the LPG price is fifth since the May 30 order of the oil ministry to raise rates by Rs 4 per cylinder every month.

Rates at the last revision on September 1 were hiked by Rs 73.5 to Rs 597.50 per bottle.

There are as many as 18.11 crore customers of subsidised LPG in the country. These include over 3 crore poor women who were given free connections during the last one year under the Pradhan Mantri Ujjwala Yojna.

There are another 2.66 crore users of non-subsidised cooking gas.

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