By April 2024, the unit is anticipated to be operating.
Tag: Indraprastha Gas
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46 districts to see city gas rollout in 2015-16
In a move that would give 46 new districts in the country gas distribution networks in 2015-16, downstream regulator Petroleum and Natural Gas Regulatory Board (PNGRB)
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IGL to provide PNG connection to Delhi
Indraprastha Gas (IGL) is committed to providing piped natural gas or PNG connections to all technically feasible areas of Delhi, Union Petroleum Minister Veerappa Moily informed members of Lok Sabha. Moily said this while replying to a specific query on Kapashera village of Delhi. He said IGL's pipeline network laying work was in progress near Samalkha crossing, two kilom
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Investors sell stake in CUGL to Indraprastha Gas
IDFC Private Equity, IL&FS Investment Managers and the Asian Development Bank (ADB) sold their cumulative 50 percent stake in Kanpur-based Central UP Gas (CUGL) to Indraprastha Gas for about Rs 70 crore. These three organisations invested Rs 30 crore in CUGL in 2006. While IDFC Private Equity and IL&FS Investment Managers held 15 percent stake each, ADB held 20 percent stake
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IGL raises prices of PNG, CNG
Indraprastha Gas (IGL) raised the retail price of PNG (piped natural gas) and the compressed natural gas (CNG) owing to the recent steep appreciation of the dollar vis-a-vis rupee. The firm raised the price also because of the increased dependence on imported LNG, which raised its input cost of gas and necessitated the increase in retail prices of CNG and PNG. IGL said there has been a sharp depreciation of the rupee vis-vis dollar in the last one month
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Gujarat Gas may face low gas volume
Some analysts feel that the gas volume of Gujarat Gas Co. may be muted in the coming months because of falling domestic output of natural gas. The company may hesitate to import regassified liquefied natural gas (RLNG) as it is costlier than domestically produced gas. Also, most of Gujarat Gas consumers are from the industrial segment and this limits the companyÂ’s ability to increase costs, some analy
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IGL strengthens infrastructure for CNG distribution
New-Delhi based Indraprastha Gas (IGL) is in the process of strengthening its infrastructure so as to meet the increasing demand of CNG from the growing number of CNG vehicles in Delhi.
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IGL provided 87,000 PNG connections in NCR
Media reports suggest that Indraprastha Gas (IGL) provided 87,000 piped natural gas (PNG) connections in the national capital region (NCR) during 2011-12. Of this, nearly 55,000 were in Delhi. It is the largest number of connections IGL provided in a year, reports quoted a spokesperson of the firm as saying. IGL, which distributes natural gas in the city, started operations in 1999 but has only around three lakh
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IGL raises CNG prices
Citing increased input gas price and related taxes, Indraprastha Gas (IGL) recently raised the selling price of compressed natural gas (CNG) in Delhi, Noida, Greater Noida and Ghaziabad by 4 percent. According to a company statement, the 4 per cent revision in CNG price would result in increase of Rs 1.55 a kg in
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ADB’s stake in Petronet eyed by IGL
Asian Development Bank (ADB), which is in the process of offloading its 5.2 per cent shareholding in Petronet LNG is set to get a buyer as Indraprastha Gas is interested in picking up the stake. Although Petronet's promoter companies IOC, ONGC, GAIL and BPCL were originally interested in buyi
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