From Rs 4,000 cr to Rs 30,000 cr, Dharmendra Pradhan plans big business boost for Indraprastha Gas Limited

From Rs 4,000 cr to Rs 30,000 cr, Dharmendra Pradhan plans big business boost for Indraprastha Gas Limited

Union Minister of Petroleum and Natural Gas Dharmendra Pradhan has said that the government plans to increase Indraprastha Gas Limited’s (IGL) business from the current Rs 4000 crore to Rs 30,000 crore. The minister added that IGL caters to over 4 lakh commercial vehicles in Delhi, of these vehicles 80,000 are auto-rickshaws, 2.5 lakh taxis and 1 lakh commercial buses, this number does not include private vehicles which use Compressed Natural Gas (CNG). Recently the price of CNG was hiked by 35 paise per kg and the price of Piped Natural Gas (PNG) was hiked by 81 paise last month in the National Capital Region (NCR). IGL, which distributes both the gasses in the national capital has said that the prices were hiked due to rising operational costs. Read More…

 

 

Credit By: Financial Express

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