{
  "id": 16169052,
  "title": "LPG under recovery rises to ₹327/cylinder in November: HPCL",
  "url": "https://urgent.news/2026/10/23/lpg-under-recovery-rises-to-327-cylinder-in-november-hpcl",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-23T09:13:58.000Z",
  "source": {
    "name": "Hindu BusinessLine",
    "slug": "hindu-businessline",
    "url": "https://www.thehindubusinessline.com/companies/lpg-under-recovery-rises-to-327cylinder-in-november-hpcl/article71615336.ece"
  },
  "original_language": "en",
  "account": "In November 2026, the under-recovery in liquefied petroleum gas (LPG) rose by nearly 34 percent to ₹327 per 14.2 kg domestic cylinder, according to Vikas Kaushal, Chairman of State-run Hindustan Petroleum Corporation (HPCL). This increase is attributed to selling LPG to consumers below market rates. The under-recovery for the quarter ended March 31, 2026, was around ₹12,798.67 crore, while it was approximately ₹14,240.64 crore as of September 30, 2025. Industry-wide, the under-recovery was around ₹721 per cylinder in June, which dropped to roughly ₹500 a cylinder the following month. The HPCL management attributed the rise to increased freight rates, with US LPG prices linked to Mont Belvieu prices ($0.68 per gallon in August) and longer voyages to India driving up costs. The company also refinanced its loan of ₹45,000-50,000 crore for the HPCL Rajasthan Refinery, reducing the debt burden by about ₹470-500 crore annually, effective from October 3rd.",
  "summary": "Under recovery during March 31, 2026 and September 30, 2025 was around ₹12,798.67 crore and ₹14,240.64 crore, respectively",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}