Incorporated in 1998, IGL took over Delhi City Gas Distribution Project in 1999 from GAIL (India) Ltd (Formerly Gas Authority of India Ltd).
The project was started to lay the network for the distribution of natural gas in the National Capital Territory of Delhi to consumers in the domestic, transport, and commercial sectors. With the backing of strong promoters – GAIL (India) Ltd and Bharat Petroleum Corporation Ltd (BPCL) – IGL plans to provide natural gas in the entire capital region.
The two main business objectives of the company are -
- To provide safe, convenient and reliable natural gas supply to its customers in the domestic and commercial sectors.
- To provide a cleaner, environment-friendly alternative as auto fuel to Delhi’s residents. This will considerably bring down the alarmingly high levels of pollution.
The transport sector uses natural gas as compressed natural gas (CNG), the domestic and commercial sectors use it as piped natural gas (PNG) and R-LNG is being supplied to industrial establishments.
Indraprastha Gas Ltd: Fuelling Satisfaction
|2015||IGL acquires 4.75 crore shares of M/s Maharashtra Natural Gas Ltd.|
|2014||IGL reported a 30 per cent jump in its first quarter net profit on back of revision in depreciation rates.|
|1999||IGL took over Delhi City Gas Distribution Project from GAIL (India).|
|1998||IGL was incorporated.|