Breaking News

You are here » Indian-Commodity  :  Corporate  :  IGL plans to add 60 CNG stations, give 2 lakh connections in FY19

20-Sep2018

IGL plans to add 60 CNG stations, give 2 lakh connections in FY19

Indraprastha Gas (IGL) is planning to add a record 60 CNG dispensing stations and give piped cooking gas connections to at least 2 lakh households this fiscal as it steps up efforts to achieve the government's target of a gas-based economy.

The company, with 452 CNG stations in Delhi, Noida, Greater Noida, Ghaziabad and Rewari, has started to give the franchise to dealers who own lands. The company has two CNG dispensing stations operating on dealer model and has given letters of intent (LoI) for another 21 which will be commissioned within the current financial year.

IGL is engaged in distribution of CNG and PNG in Delhi. IGL laid the network for the distribution of natural gas in the National Capital of Delhi to consumers in the domestic, transport, and commercial sectors.



Related News

View all news

Bhageria Industries to incur capex of Rs 100 crore in next 3 years

Bhageria Industries is expecting to incur capex of Rs 100 crore in next 3 years from internal accruals.Besides, the company received consent from MPCB for manufacturing of Sulphuric Acid & Derivatives......

Satin Creditcare Network gets ISO Certification from KVQA

Satin Creditcare Network Limited has received an ISO 27001:2013 certification from the Kvalitet Veritas Quality Assurance Certification Services (KVQA- an assessment & certification body). ISO......

Persistent Systems reports 7% rise in Q2 consolidated net profit

Persistent Systems has reported results for second quarter ended September 30, 2018.The company has reported a rise of 3.78% in its net profit of Rs 89.68 crore for the quarter under review as compared......

Top News

View all news

MPS reports 10% rise in Q2 consolidated net profit

MPS has reported results for second quarter ended September 30, 2018.The company has reported a rise of 8.55 % in its net profit of Rs 19.55 crore for the quarter under review as compared to Rs 18.01 crore......

Bhageria Industries reports around 3-fold jump in Q2 net profit

Bhageria Industries has reported results for second quarter ended September 30, 2018.The company has reported around 3-fold jump in its net profit at Rs 28.21 crore for the quarter under review as compared......

Gayatri Projects bags three new orders worth Rs 403.96 crore

Gayatri Projects has bagged three new orders worth Rs 403.96 crore from Bihar State Road Development Corporation (BSRDC). These projects will be executed on an EPC (Engineering, Procurement & Construction)......