Security deposit on commercial LPG connection goes up by Rs 1050 for 19-kg cylinder; check new rates

After increasing security deposit of domestic liquefied petroleum gas (LPG) connection, the oil marketing companies have hiked rates of commercial LPG connections too.

The new rates will come into effect from Tuesday, June 28, 2022. Source: PTI

After increasing security deposit of domestic liquefied petroleum gas (LPG) connection, the oil marketing companies have hiked rates of commercial LPG connections too. The new rates will come into effect from Tuesday, June 28, 2022.

As per the new rates, now customers will have to shell out Rs 1050 more on 19-kg commercial cylinder. The oil companies have increased prices of 19-kg commercial cooking cylinder from Rs 2550 to Rs 3600 per cylinder.

For a 47.5 kg commercial cylinder, now customers will have to pay Rs 7350, a hike by Rs 900, as security deposits. It was Rs 6450 before the new rates were announced.

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Besides, price for a 19 kg cylinder with LOT Valve has been increased from Rs 4800 to Rs 5850. Similarly, security deposit on 47.5kg Valve with LOT Valve has gone up to Rs 9600 from RS 8700.

Earlier, the oil marketing companies had increased the one-time security deposit for domestic LPG connections on June 16. The deposit was hiked from Rs 1,450 to Rs 2,200, a hike of Rs 750.

The security deposit for two cylinders on the new connection was Rs 4,400. For a 5 kg cylinder, the security money had been increased from Rs 800 to Rs 1150. Besides, Rs 150 and Rs 25 will have to be paid for the pipe and passbook respectively.

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