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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 ...
LPG cylinders in India Liquefied petroleum gas tank on a rural farm. Predominantly in Europe and rural parts of many countries, LPG can provide an alternative to electric heating, heating oil, or kerosene. LPG is most often used in areas that do not have direct access to piped natural gas. In the UK about 200,000 households use LPG for heating.
In July 2021, the company halted importing LPG after Consumer Affairs Authority refused a price hike despite increased raw material prices. [6] LAUGFS Gas was ranked 33rd in LMD 100 , an annual list of listed companies in Sri Lanka by revenue in the financial year of 2020/21. [ 7 ]
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]
Oil prices bounced around quite a bit in 2024. They rallied more than 20% at one point -- topping $85 per barrel -- before cooling off toward the end of the year. Oil was recently below $70 a ...
Autogas or LPG is liquefied petroleum gas (LPG) used as a fuel in internal combustion engines in vehicles as well as in stationary applications such as generators. It is a mixture of propane and butane .
Normal high pressure gas cylinders will hold gas at pressures from 200 to 400 bars (3,000 to 6,000 psi). An ideal gas pressurised to 200 bar in a cylinder would contain 200 times as much as the volume of the cylinder at atmospheric pressure, but real gases will contain less than that by a few percent. At higher pressures, the shortfall is greater.
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. [19] [20]