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GAIL (India) revises upwards domestic gas allocation to Indraprastha Gas

09 Jan 2025 Evaluate

GAIL (India) has revised upwards domestic gas allocation to Indraprastha Gas (IGL) by 31% with effect from January 16, 2025. This revision will increase the share of domestic gas in IGL’s CNG segment from 37% to 51%. 

The company has also tied-up additional RLNG volumes on Term Basis at competitive prices, with one of the major suppliers (around 1.0 MMSCMD). The said revision and signing of additional volumes shall have a positive impact on profitability of the company.

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.


Indraprastha Gas Share Price

168.60 2.45 (1.47%)
06-May-2026 14:33 View Price Chart
Peers
Company Name CMP
GAIL India 165.35
Gujarat Gas 397.60
Indraprastha Gas 168.60
Mahanagar Gas 1162.55
Adani Total Gas 649.25
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