Adani Total Gas Raises Industrial Prices Amid West Asia Conflict

10 Mar 2026 CW Team

ATGL raised the tariff to Rs119 per standard cubic metre for consumption beyond the 40 per cent threshold, up from around Rs40 per standard cubic metre previously. The notice described the adjustment as necessary because of disruptions to liquefied natural gas supply routes. The pricing change was applied from Tuesday, according to the customer notice. The company communicated the change through a customer notice that reached several industrial clients.

Company sources and the notice linked the supply disruption to attacks on Iran and subsequent retaliatory strikes, which have disrupted transit through the Strait of Hormuz between Iran and Oman. The transit corridor carries around one-fifth of global oil consumption and significant quantities of liquefied natural gas, and several vessels in the area were reported hit, leading to near-halt movements. ATGL attributed the curtailment to recent geopolitical developments impacting LNG supply routes. Any sustained shortfall could necessitate prioritising customers under existing allocation frameworks.

The increased price for marginal consumption is expected to raise costs for industrial users that exceed contracted daily quantities and may prompt customers to reassess consumption or seek alternate arrangements. The joint venture of Adani Group and the French oil major TotalEnergies has not been available for further comment beyond the notice. Market participants will monitor how sustained upstream curtailment influences domestic gas allocations and industrial supply contracts. Analysts will assess whether the adjustment is transitory or requires longer term amendments to supply agreements, and the notice did not quantify a timeline.

Adani Total Gas (ATGL) has sharply increased prices for supplies to industrial clients, citing reduced availability of gas amid conflict in West Asia. The company said the move responds to upstream curtailment and operational constraints that have affected its ability to meet contracted volumes. The change affects volumes consumed over and above the 40 per cent daily contract quantity. ATGL raised the tariff to Rs119 per standard cubic metre for consumption beyond the 40 per cent threshold, up from around Rs40 per standard cubic metre previously. The notice described the adjustment as necessary because of disruptions to liquefied natural gas supply routes. The pricing change was applied from Tuesday, according to the customer notice. The company communicated the change through a customer notice that reached several industrial clients. Company sources and the notice linked the supply disruption to attacks on Iran and subsequent retaliatory strikes, which have disrupted transit through the Strait of Hormuz between Iran and Oman. The transit corridor carries around one-fifth of global oil consumption and significant quantities of liquefied natural gas, and several vessels in the area were reported hit, leading to near-halt movements. ATGL attributed the curtailment to recent geopolitical developments impacting LNG supply routes. Any sustained shortfall could necessitate prioritising customers under existing allocation frameworks. The increased price for marginal consumption is expected to raise costs for industrial users that exceed contracted daily quantities and may prompt customers to reassess consumption or seek alternate arrangements. The joint venture of Adani Group and the French oil major TotalEnergies has not been available for further comment beyond the notice. Market participants will monitor how sustained upstream curtailment influences domestic gas allocations and industrial supply contracts. Analysts will assess whether the adjustment is transitory or requires longer term amendments to supply agreements, and the notice did not quantify a timeline.

Infrastructure Transport

01 Jun 2026

MMRDA advances 250 m on Orange Gate–Marine Drive tunnel

The Mumbai Metropolitan Region Development Authority (MMRDA) has completed 250 m of underground tunnelling for the Orange Gate–Marine Drive Urban Road Tunnel using India’s largest slurry shield tunnel boring machine (TBM) deployed for an urban road project.The project involves twin tunnels extending over 7 km beneath critical transport corridors, including Central Railway, Western Railway and Metro Line 3. The work requires high-precision engineering to navigate densely developed urban infrastructure.Once completed, the tunnel is expected to reduce travel time between Orange Gate and Marin..

Infrastructure Urban

01 Jun 2026

Hindustan Zinc Pays Rs 188.46 Billion in FY26

Hindustan Zinc contributed Rs 188.46 billion to the public exchequer in FY 2025-26, according to its 9th Tax Transparency Report. The contribution, equivalent to 46 per cent of the company’s revenue, included direct and indirect taxes, government royalties, dividends to the Government of India, withholding taxes and other statutory levies.The company’s five-year cumulative contribution to the exchequer stood at Rs 915.72 billion. In FY26, Hindustan Zinc reported revenue of Rs 408.44 billion, EBITDA of Rs 221.62 billion and profit after tax of Rs 138.32 billion. It also achieved its highest..

Infrastructure Urban

01 Jun 2026

World of Concrete India 2026 Opens in Mumbai

Informa Markets in India will host the 12th edition of World of Concrete India 2026 from 3–5 June 2026 at the Bombay Exhibition Centre, Mumbai. The specialised B2B exhibition will bring together manufacturers, suppliers, contractors, developers, architects, consultants, infrastructure companies, project leaders and government stakeholders.The event is expected to feature over 350 brands and more than 18,000 trade professionals. It will cover concrete and cement, dry mortar, precast technologies, formwork, construction chemicals, industrial and commercial flooring, scaffolding, safety solutio..