Indraprastha Gas Limited Advances to Competition Stage for Saudi Arabia Natural Gas Distribution License

1 min read     Updated on 09 Jan 2026, 12:52 PM
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Reviewed by
Ashish TScanX News Team
Overview

Indraprastha Gas Limited has successfully passed the pre-qualification stage for a natural gas distribution license tender in Kingdom of Saudi Arabia's industrial cities. The company received official confirmation from KSA authorities on January 09, 2026, allowing it to progress to the competition stage. This achievement follows IGL's strategic partnership with MASAH Construction Company established in November 2025 for participating in the tender process.

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Indraprastha Gas has achieved a significant milestone in its international expansion efforts by successfully clearing the pre-qualification stage for a natural gas distribution license tender in Kingdom of Saudi Arabia. The company received official communication from KSA authorities on January 09, 2026, confirming its advancement to the competition stage of the tender process.

Strategic Partnership and Tender Participation

The development builds upon IGL's strategic alliance established in November 2025 with MASAH Construction Company, a Kingdom of Saudi Arabia-based entity. This partnership was specifically formed to participate in the pre-qualification process for obtaining licenses to develop natural gas distribution networks across various industrial cities in KSA.

Parameter: Details
Partner Company: MASAH Construction Company
Partnership Date: November 12, 2025
Agreement Type: Alliance-cum-Partnership Agreement
Target Market: Industrial cities in Kingdom of Saudi Arabia
License Scope: Natural gas distribution networks

Pre-Qualification Success and Next Steps

The KSA authorities have formally notified Indraprastha Gas Limited about its successful completion of the pre-qualification requirements. This achievement positions the company to participate in the competitive bidding process for natural gas distribution licenses in Saudi Arabia's industrial sector.

According to the official communication, the competition documents will be shared by the concerned KSA authority in due course. The company has fulfilled all necessary criteria during the pre-qualification assessment, demonstrating its technical capabilities and financial strength for undertaking natural gas distribution projects in the Kingdom.

Regulatory Compliance and Disclosure

Indraprastha Gas Limited has maintained transparency throughout this process by providing timely updates to stock exchanges under Regulation 30 of the Securities and Exchange Board of India Listing Obligations and Disclosure Requirements Regulations, 2015. The company initially informed exchanges about the partnership agreement in November 2025 and has now updated stakeholders about the pre-qualification success.

This international opportunity represents a potential expansion avenue for IGL beyond its established operations in India's National Capital Territory and surrounding regions. The successful pre-qualification demonstrates the company's capability to compete in international markets for natural gas infrastructure development projects.

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IGL Cuts CNG and PNG Prices Across NCR and Non-NCR Regions Effective January 1

1 min read     Updated on 31 Dec 2025, 07:26 PM
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Reviewed by
Riya DScanX News Team
Overview

Indraprastha Gas Ltd implements strategic price reductions across multiple regions effective January 1, cutting CNG prices by ₹0.50-1/kg in non-NCR areas while maintaining NCR CNG rates, and reducing domestic PNG prices by ₹0.70/scm in NCR and ₹2/scm in non-NCR regions, following PNGRB's revised pipeline tariff structure.

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*this image is generated using AI for illustrative purposes only.

Indraprastha Gas Ltd, India's largest city gas retailer, announced comprehensive price reductions for both compressed natural gas (CNG) and domestic piped natural gas (PNG) consumers across multiple regions. The company will implement significant price cuts effective January 1, providing substantial relief to both vehicle owners and household consumers.

CNG Price Adjustments

The company has introduced differentiated pricing strategies for CNG across regions:

Region Price Change Impact
NCR Areas No change Prices remain unchanged
Non-NCR Regions ₹0.50-1.00/kg reduction Significant savings for consumers

PNG Price Reductions

Domestic PNG consumers will benefit from substantial price cuts across all operational areas:

Region Price Reduction New Pricing Structure
NCR Areas ₹0.70/scm cut Delhi: ₹47.89/scm
Gurugram: ₹46.70/scm
Noida, Greater Noida & Ghaziabad: ₹47.76/scm
Non-NCR Areas ₹2.00/scm cut Expanded regional coverage

Regulatory Framework Changes

The price reduction stems from the Petroleum and Natural Gas Regulatory Board's (PNGRB) comprehensive overhaul of pipeline tariffs announced on December 16. The regulator introduced a rationalised tariff structure for natural gas transportation pipelines, which serve as the backbone for electricity generation, fertiliser production, CNG manufacturing, and household fuel supply.

Under the revised regime effective January 1, 2026, PNGRB has streamlined the distance-based tariff zones:

Zone Category Distance Rate
Zone-1 Up to 300 km ₹54.00 per million BTU
Zone-2 Beyond 300 km Higher rate

Industry-Wide Impact

The regulatory changes have prompted broader industry responses, with multiple city gas distribution companies announcing price adjustments ahead of the new tariff regime implementation. The simplified structure aims to make natural gas transportation more cost-effective and equitable for consumers and city gas distribution companies nationwide.

Strategic Expansion

IGL's differentiated pricing approach demonstrates the company's commitment to expanding clean energy accessibility across diverse markets. The more substantial PNG price cuts in non-NCR regions reflect the company's strategy to strengthen its presence beyond its traditional Delhi-NCR stronghold while maintaining competitive positioning in core markets.

Historical Stock Returns for Indraprastha Gas

1 Day5 Days1 Month6 Months1 Year5 Years
+0.64%-2.67%+0.98%-18.05%-8.30%-32.15%
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