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HomeBusinessPocket-friendly LPG cylinders to replace the Indian markets; read here to know...

Pocket-friendly LPG cylinders to replace the Indian markets; read here to know more

New Delhi: Giving much relief to the commoner’s pockets, the Indian Oil Corporation Limited (IOCL) has initiated a new Liquefied Petroleum Gases (LPG) cylinder.

Reportedly, called ‘Indane Composite Cylinders’, a three-layer construction made up of a low-moulded, High-Density Polyethylene inner liner will cost less than the existing steel cylinders in the Indian market.

Additionally, these smart cylinders will help customers to track how much gas is left and how much has been spent.

The report says its price will be much lower than the presently used 14.2 kg steel cylinders.

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IOCL has claimed that it has multiple advantages compared to the existing steel cylinders, which include lightweight and have a translucent body that helps customers accurately check the LPG level. In addition, they are rust free and do not corrode.

Presently, the composite cylinders are available at select distributors in 28 major cities in 5 kg and 10 kg sizes.

As per IOCL, consumers can replace the existing LPG steel cylinders with composite cylinders.

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Consumers have to pay a security deposit for these cylinders in the non-subsidized category of Rs. 2,537 inclusive of GST for the 5 Kg variant and Rs 3350 for the 10 Kg variant.

However, the prices may vary depending on the geographical location.

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