Adani Total Gas, a joint venture between Adani Group and France's Total Energies, has announced a reduction in the price of excess natural gas for certain industrial users. This move comes in response to a decrease in upstream gas costs, aiming to pass on the savings to its customers.
Effective from March 16, 2026, Adani Total Gas Ltd has reduced the price of excess natural gas supplied to industrial users from ₹119.90 per standard cubic metre (SCM) to ₹82.95 per SCM.
The decision aligns with the reduced upstream gas prices, despite ongoing supply disruptions.The disruptions have been exacerbated by halted LNG shipments due to geopolitical issues in the Strait of Hormuz.
Due to these disruptions, Adani Total Gas had previously requested its commercial and industrial customers to limit consumption to 40% of their contracted volumes.
The new pricing only applies to consumption beyond the designated threshold. The company has maintained that rates for this segment will remain unchanged, reflecting necessary adjustments in priority allocations.
The pricing for domestic piped natural gas (PNG) and compressed natural gas (CNG) users remains unchanged. Approximately 70% of Adani Total Gas's supply caters to these domestic needs, utilising domestically sourced gas, which have not experienced price adjustments during this period.
Read More: Adani Total Gas Share Price Jumps 14% As LNG Supply Fears Boost City Gas Stocks!
The shift in pricing comes as part of a broader market adjustment in response to the West Asian crisis. The Indian government has acted quickly to prioritise the domestic distribution of gas, ensuring essential services are maintained. About 30% of Adani Total Gas’s supply, which is imported, largely serves the industrial sector and is subject to market rate adjustments.
As of March 13, 2026, at 3:30 PM, Adani Total Gas share price on NSE was trading at ₹565.90 down by 6.86% from the previous closing price.
Adani Total Gas's revision of natural gas rates for industrial users reflects strategic responses to regional crises impacting gas supplies. By passing on the benefits of reduced upstream prices, Adani aims to ensure stability and equitable distribution amid ongoing challenges.
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Published on: Mar 16, 2026, 10:45 AM IST
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