Indraprastha Gas Limited | |
Type: | Public |
Traded As: | |
Location City: | New Delhi |
Location Country: | India |
Area Served: | Delhi NCR |
Key People: | Rakesh Kumar Jain (Chairman) |
Industry: | Natural gas |
Products: | Piped natural gas Compressed natural gas |
Services: | Gas distribution |
Revenue: | (FY24) |
Net Income: | (FY24)[1] |
Indraprastha Gas Limited (IGL) is an Indian natural gas distribution company that supplies natural gas as cooking and vehicular fuel, primarily in Delhi NCR. Established in 1998, the company is a joint venture between GAIL, Bharat Petroleum, and the Government of Delhi.[2]
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 Government of Delhi to implement a city gas distribution network.[3]
The company went public in 2003, listing on the Bombay Stock Exchange and the National Stock Exchange.[4]
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.[5]
IGL sources its gas via the HVJ Gas Pipeline owned by GAIL.[6]