Indraprastha Gas is planning to invest about Rs 8,000 crore in the next five years to expand the city gas network of CNG stations and pipelines, taking environment-friendly fuel to household kitchens and factories. It is looking to expand in a big way in the districts of Uttar Pradesh, Rajasthan and Haryana, for which it has won a city gas license in recent bidding rounds.
The city gas expansion is part of the government's push to raise the share of natural gas in its primary energy basket to 15 per cent by 2030, from the current 6.7 per cent. City gas projects are aimed at replacing polluting liquid fuels with environment-friendly gas to help meet India's carbon emission goals.
Indraprastha Gas is in the business of city gas distribution presently operating in the National Capital Territory of Delhi including adjoining areas of Noida, Greater Noida, Ghaziabad, Gurugram, Meerut (except area already authorised), Shamli, Muzaffarnagar, Karnal and Rewari.
