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Indraprastha Gas to foray into new markets

23 Sep 2015 Evaluate

Indraprastha Gas (IGL) is planning to foray into new markets in the country, after providing piped natural gas connections to over one lakh customers in the National Capital Region. The Delhi’s gas distribution is all set to expand across the country and IGL is fully geared to further improve its performance to maintain its position as the premier city gas distribution company in the country.

The company is planning to consolidate its presence in existing areas and enter new geographies via bidding and strategic acquisitions.

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

Peers
Company Name CMP
GAIL (India) 172.00
Gujarat Energy 245.30
Indraprastha Gas 149.40
Mahanagar Gas 1083.60
Adani Total Gas 660.65
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