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Indraprastha Gas signs MoU with BHEL

22 Mar 2023 Evaluate

Indraprastha Gas (IGL) has signed a Memorandum of Understanding (MoU) with Bharat Heavy Electricals (BHEL) for Joint collaboration for development, manufacturing & deployment of Type-IV Cylinders (CNG and/or Hydrogen), Hydrogen blending in City Gas Distribution (CGD) and Fuel cell based power backup system. The company has signed a MoU on March 22, 2023.

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.

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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