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| name = Indraprastha Gas Limited
| name = Indraprastha Gas Limited
| logo = IGLLOGO.png
| logo = IGLLOGO.png
| type = [[Public company|Public]]
| image = Indraprastha Gas filling.jpg
⚫
| image_caption = A CNG filling station of Indraprastha Gas in Delhi
| type = [[Public sector undertakings in India|Public Sector Undertaking]]
| traded_as = {{BSE|532514}} <br />{{NSE|IGL}}
| traded_as = {{BSE|532514}} <br />{{NSE|IGL}}
| genre = <!-- Only used with media and publishing companies -->
| genre = <!-- Only used with media and publishing companies -->
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| location =
| location =
| locations =
| locations =
| area_served = Delhi NCR
| area_served = [[Delhi NCR]]
| key_people = Sukhmal Kumar Jain (Chairman)
| key_people = Rakesh Kumar Jain (Chairman)
| industry = [[Natural gas]]
| industry = [[Natural gas]]
| products = [[Piped Natural Gas]], [[Compressed Natural Gas]]
| products = Piped natural gas<br> [[Compressed natural gas]]
| services = Gas distribution
| services = Gas distribution
| revenue = {{up}}{{INRConvert|4268|c}} (2016–17)<ref name=igl-afr2017>{{cite web|url=http://www.iglonline.net/Documents/F_Result_31032017.pdf|title=Audited Financial Results, 2017|publisher=Indraprastha Gas Limited|accessdate=2018-01-21}}</ref>
| revenue = {{up}} {{INRConvert|15717|c}} (FY24)<ref name="fy23"/>
| operating_income =
| operating_income =
| net_income = {{up}} {{INRConvert|1983|c}} (FY24)<ref name="fy23">{{cite news |title=Indraprastha Gas reports 8% decline in Q4 net profit at ₹398 crore |url=https://www.thehindubusinessline.com/companies/indraprastha-gas-reports-8-decline-in-q4-net-profit-at-398-crore/article66843289.ece |access-date=27 June 2023 |work=The Hindu Businessline |date=12 May 2023 |language=en}}</ref>
| net_income = {{up}}{{INRConvert|606|c}} (2016–17)
| aum = <!-- Only used with financial services companies -->
| aum = <!-- Only used with financial services companies -->
| assets =
| assets =
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| divisions =
| divisions =
| subsid =
| subsid =
| homepage = {{URL|iglonline.net}}
| homepage = {{URL|https://www.iglonline.net}}
| footnotes =
| footnotes =
| intl =
| intl =
}}
}}
⚫
[[File:Indraprastha Gas filling.jpg|thumb|A CNG filling station of Indraprastha Gas in Delhi]]

'''Indraprastha Gas Limited''' is an Indian [[natural gas]] distribution company that supplies natural gas as cooking and vehicular fuel. Established in 1998, the company operates primarily in [[Delhi]]-NCR including neighbouring cities like [[Noida]]. It is a Joint-Venture of [[GAIL]], [[Bharat Petroleum]], and the Government of Delhi to implement the City Gas Distribution Network.
'''Indraprastha Gas Limited''' ('''IGL''') is an Indian [[natural gas]] distribution company that supplies natural gas as cooking and vehicular fuel, primarily in [[Delhi NCR]]. Established in 1998, the company is a joint venture between [[GAIL]], [[Bharat Petroleum]], and the [[Government of Delhi]].<ref>{{cite news |title=Indraprastha Gas looks to expand its physical reach to other cities |url=https://www.business-standard.com/article/companies/indraprastha-gas-looks-to-expand-its-physical-reach-to-other-cities-120032001866_1.html |access-date=27 June 2023 |work=Business Standard |date=20 March 2020}}</ref>


== History ==
== 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 Delhi. The company started as a [[joint venture]] between GAIL, [[Bharat Petroleum]] and the Govt of Delhi.
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 Delhi. The company started as a [[joint venture]] between GAIL, [[Bharat Petroleum]] and the [[Government of Delhi]] to implement a city gas distribution network.<ref>{{cite news |title=GAIL to float JV with BPCL, diversify into power, expand capacities |url=https://www.rediff.com/business/1998/sep/28gail.htm |access-date=27 June 2023 |work=Rediff}}</ref>


The company went public in 2003, listing on the [[Bombay Stock Exchange]] and the [[National Stock Exchange (India)|National Stock Exchange]].<ref name=hindu-ipo>{{cite web|url=http://www.thehindubusinessline.in/2003/11/30/stories/2003113001170200.htm|title=Indraprastha Gas IPO oversubscribed on first day|newspaper=The Hindu|date=2003-11-29|accessdate=2011-08-23}}</ref>
The company went public in 2003, listing on the [[Bombay Stock Exchange]] and the [[National Stock Exchange (India)|National Stock Exchange]].<ref name=hindu-ipo>{{cite web|url=http://www.thehindubusinessline.in/2003/11/30/stories/2003113001170200.htm|title=Indraprastha Gas IPO oversubscribed on first day|newspaper=The Hindu|date=2003-11-29|accessdate=2011-08-23}}</ref>
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As of 31 December 2017, IGL supplied piped natural gas to over 9,00,000 homes, over 2,000 commercial and more than 1,150 industrial establishments in the [[National Capital Region (India)|NCR]]. It also operates 425 [[Compressed natural gas|CNG]] filling stations for [[natural gas vehicle]]s.<ref name=igl-speech>{{cite web|url=http://www.iglonline.net/Images/IGL_CHAIRMAN_Statement_eng_12082011.jpg|title=12th AGM Statement|publisher=Indraprastha Gas Limited|accessdate=2011-08-23}}</ref>
As of 31 December 2017, IGL supplied piped natural gas to over 9,00,000 homes, over 2,000 commercial and more than 1,150 industrial establishments in the [[National Capital Region (India)|NCR]]. It also operates 425 [[Compressed natural gas|CNG]] filling stations for [[natural gas vehicle]]s.<ref name=igl-speech>{{cite web|url=http://www.iglonline.net/Images/IGL_CHAIRMAN_Statement_eng_12082011.jpg|title=12th AGM Statement|publisher=Indraprastha Gas Limited|accessdate=2011-08-23}}</ref>


IGL sources its gas via the [[HVJ Gas Pipeline]] owned by [[GAIL]].<ref>{{cite news |title=IGL resumes gas supplies to hotels in Delhi |url=https://economictimes.indiatimes.com/industry/energy/oil-gas/igl-resumes-gas-supplies-to-hotels-in-delhi/articleshow/1912796.cms |access-date=27 June 2023 |work=The Economic Times |date=21 August 2006}}</ref>
IGL sources its gas via the [[HVJ Gas Pipeline]] owned by [[GAIL]].


==References==
==References==
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== External links ==
== External links ==
* {{official website|https://www.iglonline.net}}

{{Nifty 200 companies}}
{{Nifty 200 companies}}
{{Energy companies and organizations in India}}
{{Energy companies and organisations in India}}


[[Category:Companies based in New Delhi]]
[[Category:Companies based in New Delhi]]

Latest revision as of 12:53, 16 May 2024

Indraprastha Gas Limited
Company typePublic
BSE: 532514
NSE: IGL
IndustrieNatural gas
Gegründet1998 (1998)
Hauptsitz
New Delhi
,
Indien
Area served
Delhi NCR
Key people
Rakesh Kumar Jain (Chairman)
ProduktePiped natural gas
Compressed natural gas
ServicesGas distribution
RevenueIncrease ₹15,717 crore (US$1.9 billion) (FY24)[1]
Increase ₹1,983 crore (US$240 million) (FY24)[1]
Websitewww.iglonline.net
A CNG filling station of Indraprastha Gas in Delhi

Indraprastha Gas Limited (IGL) is an Indian natural gas distribution company that supplies natural gas as cooking and vehicular fuel, primarily in Delhi NCR. Established in 1998, the company is a joint venture between GAIL, Bharat Petroleum, and the Government of Delhi.[2]

History

[edit]

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 Delhi. The company started as a joint venture between GAIL, Bharat Petroleum and the Government of Delhi to implement a city gas distribution network.[3]

The company went public in 2003, listing on the Bombay Stock Exchange and the National Stock Exchange.[4]

Operations

[edit]

As of 31 December 2017, IGL supplied piped natural gas to over 9,00,000 homes, over 2,000 commercial and more than 1,150 industrial establishments in the NCR. It also operates 425 CNG filling stations for natural gas vehicles.[5]

IGL sources its gas via the HVJ Gas Pipeline owned by GAIL.[6]

References

[edit]
  1. ^ a b "Indraprastha Gas reports 8% decline in Q4 net profit at ₹398 crore". The Hindu Businessline. 12 May 2023. Retrieved 27 June 2023.
  2. ^ "Indraprastha Gas looks to expand its physical reach to other cities". Business Standard. 20 March 2020. Retrieved 27 June 2023.
  3. ^ "GAIL to float JV with BPCL, diversify into power, expand capacities". Rediff. Retrieved 27 June 2023.
  4. ^ "Indraprastha Gas IPO oversubscribed on first day". The Hindu. 29 November 2003. Retrieved 23 August 2011.
  5. ^ "12th AGM Statement". Indraprastha Gas Limited. Retrieved 23 August 2011.
  6. ^ "IGL resumes gas supplies to hotels in Delhi". The Economic Times. 21 August 2006. Retrieved 27 June 2023.
[edit]
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