Indraprastha Gas to form JV with Hindustan Waste Treatment [Gas Transmission]
AI Summary1 min read
TL;DR
Indraprastha Gas (IGL) plans a joint venture with Hindustan Waste Treatment to expand its gas distribution business, which includes CNG, PNG, and R-LNG services in Delhi.
Tags
Gas Transmission/MarketingGas TransmissionIndraprastha GasJoint VentureHindustan Waste TreatmentGas DistributionCNG
Indraprastha Gas (IGL), incorporated in 1998, is engaged in distribution of Compressed Natural Gas (CNG) and Piped Natural Gas (PNG) in Delhi. Business of the company :- (1) CNG- The company's core business is to distribute CNG and PNG in Delhi. It has presence in areas including Sarita Vihar, Jasola, Dwarka , Rohini, Pitampura, Janakpuri, Maya Enclave, Saket, Hauz Khas, Paschim Vihar, Vikaspuri, Dilshad Garden and many more. (2) R-LNG- The company is also engaged in supplying Re-gassified Liquid Natural Gas (R-LNG) to 16 industrial consumers. It is further exploring new gas supply sources under this segment. (3) Commercial and Industrial usage- Under the commercial sector all leading hotels, restaurants, malls, commercial complexes and hospitals in the NCT of Delhi are being supplied PNG by IGL.