Adani Total Gas Cuts Excess Natural Gas Price for Industrial Users Amid Supply Disruptions

Adani Total Gas Ltd has reduced the price of excess natural gas supplied to certain industrial customers from Rs 119.90 to Rs 82.95 per standard cubic metre, effective March 16, 2026. This revision follows a softening of upstream gas prices amid ongoing supply disruptions caused by geopolitical tensions in West Asia, particularly affecting LNG shipments through the Strait of Hormuz. The company continues to enforce consumption limits for industrial users and maintains unchanged rates for gas used beyond contracted volumes. The government has prioritized gas allocation for household and transport sectors to ensure stable supply during the crisis. Meanwhile, Adani Total Gas shares experienced volatility, rising sharply after government policy support but falling over recent sessions as investors booked profits.