Govt cut cheaper APM gas supply to CNG retailers IGL, MGL, Adani Total Gas

The government has decreased the supply of lower-cost APM gas to city gas distributors like Indraprastha Gas Ltd by up to 20%, substituting it with more expensive fuel. This reduction in APM gas allocation, effective April 16, 2025, will lead to higher input costs for CGD companies, potentially resulting in CNG price hikes and impacting profitability.