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Adani Total Gas Ltd has cut the price of excess natural gas supplied to certain industrial customers to Rs 82.95 per standard cubic metre (SCM) from Rs 119.90 per SCM, effective 0600 hours on March 16, as upstream gas prices softened amid ongoing supply disruptions. The city gas joint venture of Adani Group and France's Total Energies said the revision aims to pass on the benefit of lower upstream prices to customers while maintaining system stability and equitable distribution of gas during the current supply constraints. Following the disruption in India's LNG supplies due to the halt in the movement of ships through the Strait of Hormuz as a fallout of the war in West Asia, ATGL had asked commercial and industrial customers to curtail consumption to 40 per cent of their contracted volumes. Spot market rates were applied to consumption beyond this threshold. Rates for this segment have not been cut. "We are pleased to inform you that the Excess Gas Price as informed vide our ...
Adani Total Gas Ltd on Monday reported an 8 per cent fall in its June quarter net profit after a cut in supply of cheaper domestically produced gas led to higher input prices. Net profit was Rs 162 crore in April-June - the first quarter of 2025-26 fiscal year - compared with Rs 177 crore a year back, according to a company statement. Cost of natural gas, which the firm converts into CNG for sale to automobiles and pipes to household kitchens for cooking, rose 31 per cent to Rs 1,049 crore in the quarter. This is because lower allocation of cheaper domestic gas, called APM for CNG segment, had to be replaced with high-priced gas from other sources. Revenue from operations rose by 21 per cent to Rs 1,491 crore "on account of the higher volume, primarily on CNG segment," the firm said. During the quarter, the firm added one CNG station to take the network strength to 650 and expanded piped connection to 9.90 lakgh by adding 26,869 new homes. Combined CNG and piped natural gas (PNG)
Adani group has started blending green hydrogen in natural gas that is supplied to households for cooking purposes in parts of Ahmedabad, with a view to cut emissions and meet net-zero targets. Adani Total Gas Ltd, the group's city gas joint venture with French energy giant TotalEnergies, has started blending 2.2-2.3 per cent of green hydrogen in piped natural gas supplies in Shantigram in Ahmedabad, the firm said in a post on LinkedIn. Hydrogen produced through clean pathways is injected into natural gas pipelines, and the resulting blends are used to generate heat and power with lower emissions than using natural gas alone. The firm has started producing green hydrogen by using renewable energy sources like wind or solar power, to split water into hydrogen and oxygen through a process called electrolysis. This hydrogen is blended in natural gas that is currently piped to households for cooking purposes and industries. "We are thrilled to announce the successful commissioning of o