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Delhi Fire Service at 101

Corporate Overview :: About IGL


  Emergence of IGL

Incorporated in 1998, IGL took over Delhi City Gas Distribution Project in 1999 from GAIL (India) Limited (Formerly Gas Authority of India Limited ).

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 it’s customers in the domestic and commercial sectors; and
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) , while the domestic and commercial sectors use it as Piped Naural Gas (PNG).
Milestones Achieved

Incorporated in 1998
Started with 9 CNG stations & 1000 PNG consumers
Crossed 100 stations in 2003
Maiden dividend in FY 2002-03
Completed 12” steel pipeline in December 2002
IPO listing on 26th December 2003
Two stations commissioned in Noida in December 2004

Future Outlook

IGL now focuses on conversion of private vehicles (private cars) to CNG. In this connection efforts are being made on the private vehicle front encouraging them to convert to CNG mode. IGL has been in coordinating with CNG kit suppliers, Transport Department, Automotive Research Association of India (ARAI) and Vehicle Research and Development Establishment (VRDE) to ease the process for endorsement of the same on Registration certificate of the vehicle.

The company is in the process of enhancing its compression capacity by adding new stations and also by converting the daughter and daughter booster stations to mother and online stations.

IGL is also working towards expanding its gas retail network to the other cities of National Capital Region (NCR) viz. Noida including Grearter Noida, Gurgaon and Faridabad. The Company aims to lay natural gas pipe grid in these cities to set up CNG stations and providing PNG to domestic, commercial and industrial sectors.

 

About IGL,IGL,Future Outlook,Emergence of IGL

Friday, July 25, 2008 At 10:13:20 AM on BSE 129.25 High : 132.00 Low : 126.10 on NSE 129.25 High : 132.00 Low : 126.10