IGL wins bid for development of CGD in Karnal district

Indraprastha Gas Ltd. | Gas Transmission/Marketing | Oil & Gas | BSE: 532514 | NSE: IGL

06 Sep 2017 Evaluate

Indraprastha Gas (IGL) has participated in the bid invited by Petroleum and Natural Gas Regulatory Board (PNGRB) for development of City Gas Distribution (CGD) in Karnal District. The company has received letter dated September 5, 2017 from PNGRB informing that IGL has quoted the highest additional bid bond for Karnal District.

Indraprastha Gas (IGL) is engaged in distribution of CNG and PNG in Delhi. IGL 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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Name of the IA registered with SEBI:	The Alchemists Ark Pvt. Ltd.
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Trade/Brand Name of IA:	MoneyWorks4Me Investment Advisers
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SEBI Registration Number:	INA000013323 Validity – May 16, 2019 – Perpetual
Registration:	Non-Individual
BSE Enlistment No:	1187
Address:	B-101, Signet Corner Building, Balewadi Phata, Baner, Pune, Maharashtra 411045

Compliance Officer Details:	Name: Shrikant Jagtap Email: shrikant.jagtap@moneyworks4me.com	Telephone: +919860359463 Address: Same as IA
Grievance Officer Details:	Name: Mukta Vaze Email: mukta.vaze@moneyworks4me.com	Telephone: +919860919463 Address: Same as IA
Principal Officer Details:	Name: Atharva Bhide Email: atharva.bhide@moneyworks4me.com	Telephone: +919175899463 Address: Same as IA
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Disclaimer:	Registration granted by SEBI, enlistment with exchange and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors.