Good news! Non-subsidised LPG price reduced by over Rs 100 per cylinder
LPG Cylinder Price Cut: The price of non-subsidised LPG at Delhi will decrease by Rs.100.50/cylinder with effect from today based on LPG Prices in international market and US$-rupee exchange rate, IOCL said in a news release. It further said that, accordingly, the upfront cash payment by the consumer of domestic LPG will also reduce by Rs.100.50/cylinder. Domestic LPG consumer will now be required to make upfront cash payment of Rs.637.00/- cylinder in place of Rs.737.50/- cylinder.
IOCL said that as domestic LPG prices are subsidized by Government, the Effective Price after subsidy to consumer will be Rs 494.35/cyl for the month of July 2019. The balance amount is borne as subsidy (Rs 142.65/cylinder) by the Central Government and is being transferred to the Bank account of LPG consumers after purchase and delivery of a refill.
In an earlier press release dated June 13, 2019, IOCL had cautioned public against ‘Online Fraudulent Offers’ and “Fake mails” demanding money from fake websites on selection of LPG distributors and Retail Outlet dealers.
The IOCL had said, “It has come to the notice of Oil Marketing Companies (OMCs), viz – Indian Oil Corporation Ltd., Bharat Petroleum Corporation Ltd. & Hindustan Petroleum Corporation Ltd., that a number of fake websites have been created by some unknown persons/bogus agencies to fraudulently offer LPG distributorships and/or Retail Outlet dealerships and demanding money in the process.”
It further said that in order to dupe innocent applicants, the layout of the fake website has been kept similar to the original websites: www.lpgvitarakchayan.in and www.petrolpumpdealerchayan.in
“These fake websites are targeting innocent people and are sending fake emails allegedly from the Oil Marketing Companies – viz. Indian Oil Corporation Ltd./ Hindustan Petroleum Corporation Ltd./ Bharat Petroleum Corporation Ltd. (using OMC logos on their letterhead for offering LPG Distributorships / Retail Outlets) and are collecting huge sums of money in the name of OMCs.”