PG Electroplast has announced a significant constraint in its LPG supply due to maritime navigation restrictions stemming from the ongoing conflict in the Middle East. The disruption has led to a shortage of gas under the company’s Gas Sale and Purchase Agreement, effective from 9 March 2026.
The company, which relies on PGEL Gas Suppliers, has been informed of the supply restrictions, which have resulted in reduced allocations of LPG. PG Electroplast is currently evaluating the situation to determine if any supply curtailments will need to be implemented for its downstream customers.
Despite the challenges, PG Electroplast is actively seeking alternative sources and supplies to maintain production levels. The company has stated that the full impact of the supply shortage cannot yet be quantified but assures stakeholders that it is closely monitoring the situation and will provide updates as necessary.
Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).
This article is written by Business Desk and reviewed by News Desk before publication.