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Incorporated in the year 1998, Indraprastha Gas Limited (IGL) is in the business of city gas distribution in the National Capital Territory of Delhi. IGL also supplies the gas to the near by regions of Noida, Greater Noida, Ghaziabad, Hapur, Gurugram, Meerut, Shamli, Kanpur, Muzaffarnagar, Karnal and Rewari, Hamirpur, Fatehpur, Ajmer, Pali, Rajasmand.
IGL reported robust FY26: Turnover ₹17,785 Cr, PAT ₹1,364 Cr, and record 9.39 MMSCMD sales. Network expanded with 70 new CNG stations. Diversifying into 2GWp renewable energy with solar projects, LNG/LCNG, CBG initiatives, and meter manufacturing. Faces ₹330.73 Cr DDA and ₹24.86 Cr PNGRB contingent liabilities.
IGL announced its 27th AGM will be on September 24. The record date for the FY25-26 final dividend is October 1, pending shareholder approval at the meeting.
IGL, with its Saudi partner, successfully pre-qualified for natural gas distribution network tenders in KSA. This moves them to the competition stage, indicating a significant international growth opportunity.
IGL formed a 50:50 Joint Venture with Hindustan Waste Treatment Private Limited to establish Compressed Bio Gas Plant/Biofuel Projects. This strategic move diversifies IGL's business into renewable energy, with equal representation on the JV board.
IGL has formed a 50:50 Joint Venture with CEID Consultants & Engineering to establish Compressed Bio Gas Plant/Biofuel Projects. This strategic move diversifies IGL's business into the renewable energy sector.