Indraprastha Gas Limited
TypePublic
BSE532514
NSEIGL
IndustryNatural gas
Founded1998 (1998)
Headquarters,
Area served
Delhi
Key people
Sh. A K Jana (managing director)
ServicesGas distribution
Revenue42.68 billion (US$600 million) (2016–17)[1]
6.06 billion (US$85 million) (2016–17)
Websiteiglonline.net

Indraprastha Gas Limited is one of India's leading natural gas distribution companies. IGL supplies natural gas as cooking and vehicular fuel. Established in 1998, the company operates primarily in the Indian state of Delhi.

History

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 Delhi. The company started as a joint venture between GAIL, Bharat Petroleum and the Govt of Delhi.

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

Key people: Shri. P.K.Gupta (chairman), Shri A K Jana (Managing Director), Shri Amit Garg, (Director, Commercial)

Operations

As of 31 December 2017, IGL supplied piped natural gas to over 9,00,000 homes, over 2,000 commercial and more than 1,150 industrial establishments in the NCR. It also operates 425 CNG filling stations for natural gas vehicles.[3]

IGL sources its gas via the HVJ Gas Pipeline owned by GAIL.

References

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