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Indraprastha Gas gets nod for alliance-cum-partnership agreement with MASAH Construction

13 Nov 2025 Evaluate

Indraprastha Gas has received approval from board for Alliance-cum-Partnership Agreement with MASAH Construction Company, Saudi Arabia, for participating in pre-qualification for tender to obtain license for development of Natural Gas Distribution networks in various industrial cities of Kingdom of Saudi Arabia (KSA). The board in its meeting held on November 12, 2025, has approved the same. 

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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