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IGL Achieves Record Gas Sales, Expands Network, and Eyes Green Energy Future in FY26
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News18•24-09-2026, 16:45
IGL Achieves Record Gas Sales, Expands Network, and Eyes Green Energy Future in FY26
- •Indraprastha Gas Ltd (IGL) reported record sales volumes of 9.39 million standard cubic metres per day (mmscmd) in FY26.
- •The company added over 3.7 lakh domestic piped natural gas (PNG) connections and 70 new compressed natural gas (CNG) stations, bringing its total to 1,024 stations.
- •IGL's gross turnover reached Rs 17,785 crore, with a profit after tax of Rs 1,364 crore; consolidated profit after tax was Rs 1,543 crore.
- •IGL is actively pursuing renewable energy initiatives, including a joint venture for a 500 MWp solar plant in Rajasthan and exploring the government's GOBARdhan initiative.
- •The company has launched IGL Genesis Technologies Ltd for gas meter manufacturing and is exploring acquisitions of stakes in other city gas distribution companies.
Key Questions Answered
Indraprastha Gas Ltd reported record sales volumes of 9.39 mmscmd for FY26. The company's gross turnover reached Rs 17,785 crore, while its profit after tax stood at Rs 1,364 crore, with a consolidated profit after tax of Rs 1,543 crore.
During the financial year ended March 2026, IGL added more than 3.7 lakh domestic piped natural gas (PNG) connections and 70 new CNG stations, bringing its total station network to 1,024.
IGL signed a joint venture with RVUNL to set up a 500 MWp greenfield solar power plant, floated a tender for a 200 MW solar plant in Rajasthan, and is exploring the GOBARdhan initiative. For backward integration, its subsidiary IGL Genesis Technologies Ltd has begun commercial production of gas meters.
