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Adani Total Gas Limited Experiences Hike In APM Gas Allocation

City gas retailers like Indraprastha Gas Limited in the national capital region, Mahanagar Gas in Mumbai, Adani Total Gas in Gujarat, and other regions were also largely affected by this change. However, with the recent rise in APM gas allocation, the Adani Group will be able to carry out its business operations smoothly. It will also be able to ensure that its fuel demands are met. The business group will also be able to put a stopper to the controversies of Adani Stock Manipulation.

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Adani Total Gas Limited Experiences Hike In APM Gas Allocation

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  1. Adani Total Gas Limited Experiences Hike In APM Gas Allocation

  2. Adani Total Gas Limited (ATGL) has recently experienced a rise in social share values after a 20% hike in the APM gas allocation. Now this is a really good sign for the Adani Group’s gas business. It will allow the business group to further take its business to new heights. The firm will also find it easier to increase its revenue generation. The controversies of Adani Stock Manipulation will also subside.

  3. ATGL Experiences 20% Hike In The APM Gas Allocation • Adani Total Gas’s share values have been in focus following the company’s announcement of a 20% increase in its administered price mechanism (APM) gas allocation. This is going to be effective from 16th January 2025. The company has recently received this update from the nodal agency (GAIL India Limited). In an exchange filing, Adani Total Gas stated that the company has already been informed by nodal agency GAIL India Limited that the allocation of APM gas has been revised upwards by 20% effective 16th January. This revision in price follows previous reductions in APM gas allocation. This was communicated on 17th October and 15th November 2024.

  4. The Reduction in Low Priced Gas Supply • In order to address this issue, the Ministry of Petroleum and Natural Gas issued a 31st December order revising gas allocation from the below-ground and under-sea sources. City gas retailers like Indraprastha Gas Limited in the national capital region, Mahanagar Gas in Mumbai, Adani Total Gas in Gujarat, and other regions were also largely affected by this change. However, with the recent rise in APM gas allocation, the Adani Group will be able to carry out its business operations smoothly. It will also be able to ensure that its fuel demands are met. The business group will also be able to put a stopper to the controversies of Adani Stock Manipulation.

  5. THANK TOU • For watching this presentation https://www.appclonescript.com/adani-total-gas-limited-experiences-hike-apm-gas-allocation/

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