IGL has traversed a journey spanning over twelve years in the gas
retailing business in India. Over these years, it has achieved numerous
distinctions in the City Gas Distribution and Compressed Natural Gas
(CNG) segments. For example, IGL can today boast of supplying CNG to
the worlds largest public transport system in Delhi running on CNG.
The CNG success story” of your Company has earned it global
recognition for its expertise and experience.
As the business of your Company transitions from a monopoly to a
competitive market, we are leaving no efforts in ensuring customer
loyalty through customer delight. Your Company is the first CGD Company
in the country to come up with an interactive customer friendly portal
which shall not only increase customers awareness about our services
but also quickly address their needs and grievances, thereby leading to
stronger relationship with customers.
Remaining a step ahead of the growing demand, your Company is expanding
infrastructure rapidly to ensure a delightful experience to its
consumers. There is strong potential of sustaining a high growth in the
various business segments of your Company. Our efforts to tap this
potential are also yielding results. In less than 3 years, the company
has added more than 100 new CNG Stations and the compression capacity
has become two and half times. In the Piped Natural Gas (PNG) segment,
your company endeavours to provide atleast 60 thousand domestic
connections every year. In the industrial & commercial segment, almost
100 % annual growth in volume is being registered .
Your Company has been promoting various gas appliances jointly with the
manufacturers, such as gas geysers, gas generators etc. for maximum
realization from existing assets. Your company is facilitating
workshops by renowned suppliers of CNG kits for faster expansion. At
the same time, your Company is seriously considering various
opportunities to expand its national footprint. For instance, it has
recently participated in the competitive bidding process initiated by
the Regulator for city gas distribution projects in Ludhiana and
Jalandhar cities. Your Company may also selectively bid for other
cities which may come up in future for bidding. Your Company is also
examining other emerging possibilities for business expansion and
diversification.
To meet the future challenges and make best use of opportunities in our
fast growing economy, your Company has drawn up a 5 year business plan
and chalked out a strategy to accelerate its growth. I am pleased to
inform you that Project Nav-nirman has been rolled out with the aim
to transform the organization from inside by cultivating and nurturing
professional culture through transparent and robust policies and
practices. This shall help in galvanizing the entire IGL team along the
chosen path of growth and prosperity for all its stakeholders and
employees.
I am confident that through the determined efforts of the human talent
of your Company and with support of our valuable stakeholders, your
Company shall be able to fulfill its aspiration to become a billion
dollar company in 3 years time.
With best wishes,
Yours sincerely
(B.C. Tripathi)
Chairman
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