Indraprastha Gas Limited (IGL) and CEID are collaborating to develop more than 25 compressed biogas (CBG) plants nationwide. Their joint venture aims for a combined production capacity exceeding 125 tonnes per day. The partnership follows a signed memorandum of understanding (MoU) to accelerate biogas infrastructure in India.
Indraprastha Gas Limited (IGL) plans to acquire stakes in city gas distribution firms. Chairman Subhankar Sen confirms the company’s interest in expanding its presence in the sector. The move aligns with broader industry consolidation trends.
IGL reports a 44% decline in Q1 profit to ₹238 crore amid volatile liquefied natural gas (LNG) prices. Despite the drop, total income rises 16.5% year-over-year to ₹5,145 crore for the June 2026 quarter. The company’s revenue growth contrasts with its reduced profitability due to market price fluctuations in LNG.
Indraprastha Gas Ltd appoints Kumar Shanker as its new Managing Director. Shanker succeeds Kamal Kishore Chatiwal, who completes his tenure. The company operates in the city gas distribution sector, supplying piped natural gas to residential, commercial, and industrial customers in Delhi.