So basically, government ne 'Essential Commodities Act' ke andar yeh order nikala hai. Iska sidha matlab hai ki jin fertilizer plants ko gas chahiye, unhe priority milegi. Target hai ki unki pichli 6 mahine ki average gas consumption ka 70% mil sake. Abhi jo supply 65% chal rahi thi, usme kuch aur 7.31 million metric standard cubic meters per day gas manage ki jayegi late March 2026 tak. Isse total availability 80% tak pahunch jayegi. Ye sab domestic agricultural inputs aur food security ke liye bahut important hai.
Asal problem West Asia mein chal rahe conflict se shuru hui hai. Around 25% India ke gas imports par 'force majeure' laga diya gaya hai, matlab suppliers supply nahi kar pa rahe. Iske karan kuch domestic fertilizer plants ki production aadha ho gayi hai, especially urea facilities. Gabardhan is baat ka hai ki hum imported fuel par bahut depend karte hain. Mehnga spot market se LNG kharidne par sarkar ke kharche bhi badh rahe hain aur farmers ke liye prices bhi badh sakte hain. Reports hain ki diammonium phosphate (DAP) bags ₹500 tak mehenge ho gaye hain kuch regions mein, aur urea, ammonia, DAP sabke prices badhne ki ummeed hai Kharif sowing season se pehle.
Fertilizer sector India ki food security ke liye solid hai, aur 2034 tak INR 1,433.6 billion tak grow hone ka estimate hai. Lekin, potash jaise important nutrients ke liye hum import par depend karte hain. Kuch bade domestic producers hain jaise Coromandel International (Market Cap ~₹57,028 Cr, PE ~23.8), Chambal Fertilisers and Chemicals (Market Cap ~₹16,829 Cr, PE ~8.79), Rashtriya Chemicals and Fertilizers (RCF) (Market Cap ~₹6,193 Cr, PE ~25.04), aur Gujarat State Fertilizers & Chemicals (GSFC) (Market Cap ~₹5,758 Cr, PE ~9.91). Gas transporter GAIL (India) Ltd ka Market Cap bhi ₹90,506 Cr hai aur iska P/E ratio 10.48-12.39 chal raha hai. Haalanki, March 10, 2026 tak fertilizers reserves 36.6% badh kar 180.12 Lakh Metric Tons ho gaye hain, par gas supply disruptions risk hai. Is gas order ke baad toh Fertilizers & Chemicals Travancore Ltd (FACT) shares 18% se zyada bhage bhi the.
Government ne action toh le liya hai, par risks abhi bhi hain. Agar West Asia mein tension badhti rahi, toh LNG aur ammonia supply aur disturb ho sakti hai. Agar yeh disruption 3 mahine chali, toh domestic urea aur complex fertilizer production 10-15% tak kam ho sakti hai. India fertilizer imports ke liye West Asia par bahut depend karta hai. Agar yeh situation lambi chali, toh fertilizer subsidy ka bill sarkar ke liye ₹25,000 crore tak badh sakta hai, jo national budget par pressure dalega. Mehange spot market se gas lena financially difficult hai aur current production levels ko maintain karna challenging ho sakta hai.