Adani Total Gas Ltd. has cut prices for excess natural gas supplied to industrial clients, signalling a reprieve from the energy crisis brought on by the Iran war.
The rate for gas consumed beyond contracted limits will drop to ₹82.95 per standard cubic metre, down nearly 31% from ₹119.90.
The move comes as upstream prices soften, allowing the utility to pass on savings to a sector hit hard by recent supply curbs.
Prices for the initial 40% threshold remain unchanged, while prices for CNG and PNG remain frozen, shielding retail consumers from price swings.
Adani Total Gas stated the revision aims to maintain “system integrity and equitable distribution” during the prevailing disruption.
