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Indraprastha Gas receives Letter of Intent from Petroleum and Natural Gas Regulatory Board

09 Aug 2016 Evaluate

Indraprastha Gas has received Letter of Intent from Petroleum and Natural Gas Regulatory Board (PNGRB) for grant of authorization to the Company for development of City Gas Distribution (CGD) in the Geographical Area of Rewari District. The Company has participated in the bid invited by PNGRB.

Indraprastha Gas is a Canada-based company engaged in retail gas distribution business for supply of compressed natural gas (CNG) to transport sector and piped natural gas (PNG) to domestic, industrial & commercial sectors in Delhi and National Capital Region.

Peers
Company Name CMP
GAIL (India) 166.85
Gujarat Energy 223.80
Indraprastha Gas 146.10
Mahanagar Gas 1042.75
Adani Total Gas 563.45
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