IGL Genesis Technologies (IGTL), a 51:49 joint venture between Indraprastha Gas (IGL) and Genesis Gas Solutions (GGSPL), has signed a deal with China-based Hangzhou Beta Meter to buy smart meter manufacturing technology for $2.4 million (about Rs 20 crore).
IGTL has already initiated the process of setting up the production facility to manufacture smart gas meters in India with technical knowhow from Hangzhou Beta Meter Co. (Holley Group).
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.
| Company Name | CMP |
|---|---|
| GAIL India | 164.95 |
| Gujarat Gas | 386.10 |
| Indraprastha Gas | 165.55 |
| Mahanagar Gas | 1135.55 |
| Adani Total Gas | 621.80 |
| View more.. | |
MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.
To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.
MoneyWorks4Me ensures this through: