APM gas allocation cuts
Potential reduction in APM gas allocation could increase gas costs, though management expects continuity based on current trends.
ATGL / Q3-FY26 / risks
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Adani Total Gas · Material risks, their source context, and severity in the latest available quarter.
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Material risks this quarter
medium
Cheaper alternate fuels pressuring industrial PNG
Lower LPG/propane prices are creating pricing pressure on industrial PNG volumes, impacting growth in that segment.
Regulatory uncertainty on CBG blending cost pass-through
The mechanism for passing CBG blending costs to all CGDs is under discussion; unclear outcome could affect margins.