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It is the world's second largest government-owned subsidiary responsible for manufacturing LPG. [5] The brand was conceived in 1964 to bring modern cooking to Indian kitchens. The first Indane LPG connection was released on 22 October 1965 at Kolkata. Indane serves more than 130 million families through a network of 12,500 distributors. 27% of ...
The Cabinet approved a subsidy of Rs.200 per 14.2 kg LPG cylinder for up to 12 refills per year.The total expenditurewill be Rs.6,100 crore for financial year 2022-23 and Rs.7,680 crore for 2023–24. Average LPG consumption of PMUY consumers has increased by 20 percent from 3.01 refills in 2019–20 to 3.68 in 2021–22.
LPG has a typical specific calorific value of 46.1 MJ/kg compared with 42.5 MJ/kg for fuel oil and 43.5 MJ/kg for premium grade petrol (gasoline). [14] However, its energy density per volume unit of 26 MJ/L is lower than either that of petrol or fuel oil, as its relative density is lower (about 0.5–0.58 kg/L, compared to 0.71–0.77 kg/L for ...
LNG price is linked to the prevailing crude oil price in global markets. [64] The purchase price would be cut to around US$2.5 per million BTU for the six-month period beginning April 1, 2020 compared to US$3.23 for the earlier period. [65] In March 2020, India announced that is increasing taxes on petrol and diesel to raise government revenues ...
The affordable electricity retail price (860 kcal/kWh at 74% heating efficiency) to replace LPG (lower heating value 11,000 kcal/kg at 40% heating efficiency) in domestic cooking is up to 10.2 Rs/kWh when the retail price of an LPG cylinder is Rs 1000 (without subsidy) with 14.2 kg LPG content. [174]
The average cost of a litre of petrol and diesel fuel in Russia is about 45 ₽ per litre. The cost of a litre of LPG is from 24 ₽ to 30 ₽, while fuel consumption is almost the same. In 2022, LPG prices fell down since January to 16-17 ₽ per litre, or even till 11-12 ₽ in some regions.
Give Up LPG Subsidy is a campaign that was launched in March 2015 by the Indian government led by Prime Minister Narendra Modi. It is aimed at motivating LPG users who are able to afford to pay the market price for LPG to voluntarily surrender their LPG subsidy. [1] As of 23 April 2016, 10 million people had voluntarily given up the subsidy. [2]
The affordable electricity retail tariff (860 Kcal/kWh at 74% heating efficiency) to replace LPG (net calorific value 11,000 Kcal/Kg at 40% heating efficiency) in domestic cooking is up to 10.2 ₹/kWh when the retail price of LPG cylinder is ₹1000 (without subsidy) with 14.2 kg LPG content. [300]