Indraprastha Gas Ltd (IGL), India’s biggest gas retailer, is planning on setting up CNG dispensing stations inside housing complexes to ease traffic problem, said its Managing Director ES Ranganathan.
Ranganathan also said IGL is also setting up e-vehicle charging facility and has tied up with a Dutch company for the purpose.
IGL, which retails CNG to automobiles and piped cooking gas to household kitchens in the national capital and its suburbs, has already set up one CNG dispensing pump at a residential housing complex in Noida on pilot basis.
"All we need is a 10x10 metre area - a space equivalent to one used for parking of four cars. We will set up CNG station and man it as well. Residents of the housing complex will get priority filling," he said, adding the company will be responsible for the running and upkeep of the facility, reported MC.
IGL plans to add a record 60 CNG dispensing stations and give piped cooking gas connections to at least 2 lakh households this fiscal. The company, which has over 9.6 lakh piped cooking gas customers, has a target to add 3 lakh this fiscal.
The current government, in its push towards a gas-based economy, is targeting 1 crore PNG connections by 2020. Ranganathan said IGL was committed to achieving the targets in the push towards a gas-based economy.
"We are trying new innovations to increase market penetration," he said. IGL previously used to set up CNG dispensing stations only on franchise model where outlets, together with land belonging to the company and a dealer, was appointed to run it.
As you are no doubt aware, Swarajya is a media product that is directly dependent on support from its readers in the form of subscriptions. We do not have the muscle and backing of a large media conglomerate nor are we playing for the large advertisement sweep-stake.
Our business model is you and your subscription. And in challenging times like these, we need your support now more than ever.
We deliver over 10 - 15 high quality articles with expert insights and views. From 7AM in the morning to 10PM late night we operate to ensure you, the reader, get to see what is just right.
Becoming a Patron or a subscriber for as little as Rs 1200/year is the best way you can support our efforts.