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The company said that the move was to ensure uninterrupted availability of bulk LPG for its bottling plants.
IndianOil sells about 300,000 cylinders every day and has a refining capacity of about 81 million tonnes
This is among a slew of measures to be introduced by oil marketing companies to boost the number of refills under the Pradhan Mantri Ujjwala Yojana (PMUY)
LPG cylinder prices have been hiked by Rs 144.5 from today
Distributors say consumers reluctant to accept cylinders not booked by them
Only 48.3 per cent of the rural households used LPG, while the figures were much higher in urban areas at 86.6 per cent, according to the NSO report
Currently, all households in 17 of the 22 districts in the state have LPG connections
Delivery of cylinders is taking around 10 to 15 days in some of the states
State-owned fuel marketing companies revise ATF prices on the 1st of every month based on average of benchmark international oil price in the previous month
After the success of PMUY, LPG coverage in India increased from 56% in 2014 to 94.3% by April 2019
The rise has been necessitated due to tax impact on increased market rate of the fuel, IOC said in a statement
In November 2018, the commission of LPG distributors was fixed at Rs 50.58 per 14.2 kg cylinder and Rs 25.29 per 5 kg cylinder. The additional transportation charge is over and above this commission
Ujjwala Yojana was launched on May 1, 2016 at Ballia district in Uttar Pradesh and has so far covered 47.3 million consumers in 715 districts
Public sector fuel retailers sold 18.9 million tons of packed domestic LPG
The price of non-subsidised cooking gas (LPG) was hiked by a steep Rs 86 per cylinder today
A subsidised LPG cylinder of 14.2-kg currently costs Rs 434.71 in Delhi