Now, IGL can sell gas and CNG in NCT

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Posted: Monday, Jan 05, 2009 at 1408 hrs IST
Updated: Monday, Jan 05, 2009 at 1408 hrs IST

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New Delhi: After months of a bitter row over legalities of Indraprastha Gas Ltd's operations in the National Capital Territory, the oil regulator has authorized the company to retail CNG to automobiles and piped gas to households.

The Petroleum and Natural Gas Regulatory Board (PNGRB) on January 1 wrote to the IGL Managing Director saying the company was authorised to do city gas distribution operations in the National Capital Territory (NCT), sources said.

The regulator have given the BSE-listed company a three-year exclusive period do business in the NCT, and no other company would be allowed to operate in the city in the duration.

It has, however, not given IGL authorisation for operation in Ghaziabad, a city for which the PNGRB will invite applications from private companies in a couple of months.

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Now, IGL can sell gas and CNG in NCT

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