Indraprastha Gas

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Indraprastha Gas Limited
Public
Traded as BSE532514
NSEIGL
Industry Natural gas
Founded 1998 (1998)
Headquarters New Delhi, India
Area served
NCR
Key people
Sh. ES Ranganathan, Managing Director
Services Gas distribution
Revenue 42.68 billion (US$670 million) (2016-17)[1]
6.06 billion (US$95 million) (2016-17)
Website www.iglonline.net

Indraprastha Gas Limited (Hindi: इंद्रप्रस्थ गैस लिमिटेड) (IGL), is one of India's leading natural gas distribution companies. Established in 1998, the company operates primarily in the National Capital Region (NCR) of New Delhi.

History[edit]

IGL was incorporated in 1998, to take over and operate the Delhi City Gas Distribution Project from GAIL for laying a network of gas distribution pipelines in the NCR. The company started as a joint venture between GAIL, Bharat Petroleum and Govt of NCT of Delhi.

The company went public in 2003, listing on the Bombay Stock Exchange and the National Stock Exchange.[2]

Key People : Shri ES Ranganathan (Managing Director), Shri V. Nagarajan, ( Director, Commercial)

Operations[edit]

As of 31st December 2017, IGL supplied piped natural gas to over 900,000 homes, over 3500 of commercial and more than 1600 industrial establishments in the NCR. It also operates 425 CNG filling stations for natural gas vehicles.[3]

IGL sources gas via the HVJ Gas Pipeline of GAIL.

References[edit]

  1. ^ "Audited Financial Results, 2017" (PDF). Indraprastha Gas Limited. Retrieved 2018-01-21. 
  2. ^ "Indraprastha Gas IPO oversubscribed on first day". The Hindu. 2003-11-29. Retrieved 2011-08-23. 
  3. ^ "12th AGM Statement". Indraprastha Gas Limited. Retrieved 2011-08-23.