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India Assures 70% Gas for Fertilizer Plants Amid West Asia Tensions
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India guarantees 70% gas supply to fertiliser plants amid West Asia tensions
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CNBC TV18
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10-03-2026, 23:05
India guarantees 70% gas supply to fertiliser plants amid West Asia tensions
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Government places fertiliser plants under Priority Sector-2, ensuring 70% of their average gas consumption.
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Measure aims to protect domestic fertiliser production from potential global supply disruptions due to West Asia conflict.
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Decision notified on March 9 under Natural Gas (Supply Regulation) Order, 2026, ahead of Kharif sowing season.
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India's fertiliser reserves surged to 180.12 lakh tonnes, a 36.6% increase from the previous year.
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98 lakh tonnes of urea imported by February 2026; advance-stocking strategy ensures availability for farmers.
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