Commercial LPG prices increased by Rs 209 per cylinder, while ATF prices increased by 5%.

Indian Oil Corporation Limited, a state-owned oil and gas firm, has raised the price of commercial Liquefied Petroleum Gas (LPG). The price has risen by Rs 209 per cylinder. The revised rates will go into effect on October 1. The price of home LPG has remained unchanged.

On October 1, the retail price of 19 Kg commercial LPG cylinders in Delhi would be Rs 1731.50 per cylinder.

LPG is widely utilised as a vehicle fuel, cooking gas, for heating and refrigeration, and even in some high-end industrial operations.

The price of jet fuel, also known as aviation turbine fuel (ATF), was raised by 5%, marking the fourth consecutive monthly rise since July, in keeping with the firming witnessed in worldwide benchmarks.

In August of this year, the Union Cabinet ordered a cut in liquefied petroleum gas (LPG) rates for all 330 million consumers in the country.

"All home LPG cylinder users would receive a Rs 200 subsidy each cylinder." Also, consumers under the PM Ujwala programme would receive this subsidy in addition to the existing subsidy," stated Union Information and Broadcasting Minister Anurag Thakur during a Cabinet briefing on August 29.

The extra subsidy on LPG cylinders was implemented immediately as a Raksha Bandhan and Onam present, according to the minister. As a result, the subsidy for Ujjwala recipients is now Rs 400 per LPG cylinder.

The government also authorised 7.5 million new Ujjwala connections, bringing the total number of Pradhan Mantri Ujjwala connections to 7.5 million.

On September 29, IOCL was again in the headlines for sanctioning two joint ventures with private sector firms to establish compressed biogas (CBG) facilities.