IGL Reports 37 New CNG Stations in FY Report

| India, New Delhi

Indraprastha Gas Limited (IGL), the sole supplier of CNG and PNG in Delhi, Noida, Greater Noida and Ghaziabad, plans to promote wider usage of gas for various applications through co-generation, gas geysers, gensets etc. This was announced by Mr. B.C. Tripathi, Chairman, IGL while addressing the shareholders at the 12th Annual General Meeting of the company in New Delhi. He added that IGL had recorded an all time high growth in the average sales volume per day in PNG segment, which increased by 106% as compared to the last financial year. The year 2010-11 witnessed huge expansion in CNG infrastructure with 37 new CNG stations set up by the company in the last year thus taking the figure from 241 stations to 278 stations while the compression capacity increased from 37.69 Lakh kgs/day in March 2010 to 51.13 Lakh Kgs/day in March 2011, a growth of 36%.

Addressing the shareholders, Mr. B.C. Tripathi highlighted the achievements of IGL in 2010-11. He said, “The financial year 2010-11 was another eventful year in which for the first time, the Company started Online CNG supply to vehicles in Ghaziabad.”

Disclosing the future plans of the organization, he informed that in addition to catering to the demand of households, the thrust would be on tapping industrial and commercial customers who have huge demand potential. Also, private vehicles will continue to be a growth driver for CNG sales in the coming years.

(This article compiled using information from an Indraprastha Gas Limited press release)