Indraprastha Gas (IGL) is planning to set up a factory to manufacture gas meters used to bill households and industries for the consumption of the environment-friendly fuel, as it looks to cut reliance on imports from China for the same.
The company will invest about Rs 100 crore for setting up a unit in the national capital region to manufacture 1 million meters annually. The plan is part of the government's push towards raising the share of environment-friendly fuel in India's energy basket to 15 percent by 2030 from the current 6.2 percent.
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.
