Indian Oil Corporation will launch 5-kg commercial LPG (liquefied petroleum gas) cylinders in Chennai on Monday. The unsubsidized easily portable is subject to price revision every month. The consumer price will be Rs 288.44 per cylinder, which will carry a refundable deposit of Rs 350/-.
This 5 kg cylinder will be available from Monday with six Indane distributors in Chennai city – Sree Navaneethalakshmi Agency on K.B.Dasan Road; Dwarka Enterprises in Tiruvottiyur; Shivshankar in Porur; Taas Gas in Chromepet; Sri Jeyam Indane Gas Agencies in Teynampet and Deepa Gas Agencies in Purasawalkam.Gradually the 5 kg cylinder will be marketed through other IOC cooking gas distributors. Chennai is among 10 cities across the country where IOC had proposed to launch the small commercial cylinders. No waiting period for the 5 kg cylinder as it will be available off the shelf. This is targeted at small time caterers and small tea shops.