Indraprastha Gas

Indraprastha Gas Limited
Public
Traded as BSE: 532514
NSE: IGL
Industry Natural gas
Founded 1998 (1998)
Headquarters New Delhi, India
Area served
NCR
Key people
Sh. Narendra kumar, Managing Director
Services Gas distribution
Revenue 12.13 billion (US$180 million) (2011)[1]
2.15 billion (US$32 million) (2011)
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

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 and Bharat Petroleum.

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

Key People : Shri Narendra Kumar (Managing Director), Shri V. Nagarajan, ( Director, Commercial)

Operations

As of March 2011, IGL supplied piped natural gas to over 450,000 homes and hundreds of commercial and industrial establishments in the NCR. It also operates 350 CNG filling stations for natural gas vehicles.[3]

IGL sources gas via the HVJ Gas Pipeline of GAIL.

References

  1. "Audited Financial Results, 2011" (PDF). Indraprastha Gas Limited. Retrieved 2011-08-23.
  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.
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