New Delhi: Indraprastha Gas (IGL) plans to invest Rs 8,000 crore over the next five years to expand its city gas network even as it targets a more than 40% increase in sales volumes over the same period, its top executive has said.
IGL currently operates in Delhi and adjoining cities and plans to expand its operations to a few districts in Uttar Pradesh, Rajasthan and Haryana. Of the planned Rs 8,000 crore, about Rs 6,000 crore would go towards setting up city gas infra in seven new license areas and the balance into enhancing facilities in the four existing areas, according to IGL’s managing director Sanjay Kumar.
