New Delhi

The price of non-subsidised LPG cooking gas will be reduced by Rs 62.50 per 14.2 kg cylinder in New Delhi, effective August 1, an official statement said on Wednesday.

According to the Indian Oil Corporation, the price reduction comes on the back of prices in the international market and the dollar-rupee exchange rate.

"Accordingly, the upfront cash payment by the consumers of domestic LPG will also reduce by Rs 62.50 per cylinder. Domestic LPG consumers will now be required to make upfront cash payment of Rs 574.50 only per 14.2 Kg cylinder in August 2019 in place of Rs 637 per cylinder for July 2019," IOC said in the statement.

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