Adani Total Gas raises CNG prices by ₹4/kg as LNG costs climb
Adani Total Gas increased CNG prices across its operating areas from August 1, citing lower domestic-gas allocations and higher LNG costs. In Ahmedabad, its CNG now costs ₹94.02/kg, nearly ₹9/kg above Gujarat Energy Ltd’s ₹85.01/kg.
Adani Total Gas raised CNG prices by ₹4 per kg across its operating areas from August 1, citing reduced domestic gas allocations and elevated LNG costs. The move may pressure demand in Gujarat, where ATGL’s Ahmedabad price is ₹94.02 per kg versus GEL’s ₹85.01.
Why this matters
The price increase follows Adani Total Gas reporting 27% Q1 revenue growth from more CNG stations and PNG connections, while Q1 FY27 profit fell 14% as gas costs outpaced revenue growth.
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