NEW DELHI — Providing significant economic relief to commercial users, state-run Oil Marketing Companies (OMCs) on Saturday announced a substantial reduction of over Rs 200 in the prices of 19-kg commercial Liquefied Petroleum Gas (LPG) cylinders across India. The revised prices came into effect immediately on August 1.

Under the latest rate adjustment, commercial LPG cylinder prices in the national capital, New Delhi, have been reduced by Rs 202 per cylinder. In Kolkata, the price was slashed by Rs 209, bringing the retail cost of a 19-kg commercial cylinder to Rs 2,872.50.

Domestic LPG Rates Remain Untouched

While the steep price cut brings much-needed respite to the hospitality sector, small businesses, and eateries, domestic consumers will see no change in their monthly expenses. Prices for 14.2-kg domestic LPG cylinders, which supply household kitchens across the country, remain untouched in the latest monthly pricing review.

Second Consecutive Rate Cut

This downward revision marks the second consecutive monthly price reduction for commercial LPG cylinders. OMCs previously lowered rates in July following sharp price hikes in May and June. Those earlier increases were driven by global energy volatility and surging crude and LPG import benchmarks stemming from geopolitical tensions in West Asia and conflict involving Iran.

Government Assures Uninterrupted Energy Supply

The price cut comes a day after Prime Minister Narendra Modi chaired a high-level review meeting with senior cabinet ministers and top government officials to evaluate national energy security and supply readiness.

Despite ongoing international conflicts and shipping disruptions, government sources emphasized that India maintains adequate stocks and that there is no operational shortage of LPG, petrol, or diesel anywhere in the country.