The firm revealed that a few of its fuel suppliers have curtailed deliveries amid escalating geopolitical tensions within the Middle East, impacting the corporate’s provide to industrial shoppers.
In a regulatory submitting to the exchanges, town fuel distributor stated the federal government’s Natural Gas (Supply Regulation) Order, 2026, issued by the Ministry of Petroleum and Natural Gas on March 9, allocates precedence to home PNG and CNG for transport.
Shares of Adani Total Gas had been buying and selling at Rs 561.40/- per scrip, up 18.35% as on Wednesday at 1:34PM on the BSE.
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The firm stated it welcomed the federal government’s transfer to prioritise fuel provides to family and transport segments.
“The company appreciates the Government’s prompt efforts in bringing out the said Order and according priority for the gas supplies to Domestic PNG and CNG customers, as well as supply of PNG to Industrial and Commercial Customers,” the corporate stated in its submitting.
Adani Total Gas stated it’s at present assessing the influence of the curtailment and the brand new regulatory measures on its operations.
“The Company is presently assessing the impact of above and is taking necessary steps to mitigate the effect, including co-ordination with respective authorities,” it added.
Centre evokes Essential Commodities Act, 1955
The authorities invoked the Essential Commodities Act, 1955 earlier this week to control the supply and distribution of pure fuel and petroleum merchandise amid disruptions linked to the battle within the Middle East.
According to the order, sure sectors will obtain precedence allocation of pure fuel and shall be equipped as much as 100 per cent of their previous six-month common consumption, topic to operational availability.
These precedence sectors embrace home PNG provide, CNG for transport, liquefied petroleum fuel (LPG) manufacturing, pipeline compressor gasoline and different important operational necessities of fuel pipelines.
The authorities stated the continuing battle within the Middle East has disrupted liquefied pure fuel (LNG) shipments by means of the Strait of Hormuz, with some suppliers invoking power majeure and diverting provides to precedence sectors.
Read extra: Govt invokes Essential Commodities Act to ensure natural gas supply, orders refineries to divert key streams
Under the order, fertilizer vegetation will obtain 70 per cent of their common fuel consumption over the previous six months, whereas tea industries, manufacturing items and different industrial shoppers equipped by means of the nationwide fuel grid will obtain round 80 per cent of their earlier consumption ranges, topic to availability.
City fuel distribution corporations have additionally been directed to make sure that industrial and industrial shoppers related to their networks obtain 80 per cent of their previous six-month common fuel consumption, relying on operational situations.
The order applies to a variety of entities concerned within the fuel worth chain, together with home producers, LNG importers, pipeline operators and metropolis fuel distribution corporations.
To handle provide constraints, the federal government might curtail fuel provide to sure petrochemical services and energy vegetation if required, whereas directing refiners to extend LPG manufacturing for home use.
