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.
What happened
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
Key facts
- ₹4 per kg price increase
- ₹94.02 per kg CNG price in Ahmedabad
- ₹85.01 per kg GEL CNG price
- Nearly ₹9 per kg price differential
- 18% year-on-year increase in June-quarter CNG sales volume
- 218 MMSCM June-quarter CNG sales volume
- 13% increase in overall gas sales volumes
- 303 MMSCM overall gas sales volume
- 53 geographical areas
- 125 districts
- 18 states
- 3 Union Territories
- 1,167 CNG stations
- 6 new CNG stations added in the June quarter
- $19-22 per MMBTU LNG prices in July
Why this matters
The widening local price gap elevates the strategic value of cheaper gas sourcing, distribution-network density and partnerships that can narrow Adani Total Gas’s cost disadvantage.
What to watch
- Difference between Adani Total Gas CNG prices and Gujarat Energy Ltd or other local CGD competitors, especially if the Ahmedabad spread remains above ₹7-10/kg.
- Government changes to domestic APM gas allocation for city-gas distributors and the administered gas-price ceiling.
- Asian spot LNG benchmarks, rupee movement and imported LNG landed-cost trends.
- Sequential CNG sales-volume growth, station throughput and commercial-fleet retention after August 1.
- Petrol and diesel price movements, which determine whether CNG's relative operating-cost advantage remains compelling.
- EV adoption and fleet electrification announcements by taxi, last-mile delivery and municipal operators.
- Monitor station-level traffic and fleet refuelling behavior in Ahmedabad and other markets where competing CNG networks offer lower prices.
- Use targeted fleet contracts, prepaid-volume discounts and loyalty programs to defend high-volume commercial customers without cutting posted retail prices broadly.
- Prioritize CNG station expansion in underserved corridors, where convenience and network availability matter more than small price differences.
- Increase procurement flexibility through LNG sourcing, gas-supply optimization and allocation management to reduce the need for repeated retail pass-throughs.
- Highlight total-cost-of-ownership savings versus petrol and diesel, while preparing customer communication for possible additional tariff revisions.