State-run Indraprastha Gas (IGL) on Thursday said that it achieved a record gas sales volume of 9.39 million standard cubic meters per day (MSCMD) in FY26 with cumulative volume hitting 3,427.21 million standard cubic meters (MSCM).
Besides, the country’s largest CNG distribution company also achieved its highest ever average CNG sales of 50 lakh kg per day as well as the highest ever industrial sales of 1 MSCMD in the last financial year.
Addressing the shareholders at its 27th Annual General Meeting (AGM), Subhankar Sen, Chairman of IGL, noted that FY26 presented significant challenges for the global energy sector. Geopolitical tensions, particularly in West Asia, and disruptions in important energy supply routes created uncertainty in global energy markets.
These developments affected the availability and cost of energy and resulted in greater volatility in gas and other energy prices. Despite these challenges, IGL achieved good sales volume and profitability, he noted.
Sen informed the shareholders that IGL set up 70 new CNG stations during the year, taking the total number to 1,024. The company also added more than 3.70 lakh new PNG domestic connections and increased the commercial and industrial customer base significantly.
Sen also gave an overview of the company’s future plans regarding exploring the use of renewable energy in place of conventional grid power, which will be a step towards carbon emission reduction and net zero.
IGL has signed a Joint Venture (JV) agreement with Rajasthan Vidyut Utpadan Nigam (RVUNL) for setting up a greenfield solar power plant of 500 megawatt-peak (MWp) capacity and has also floated a tender for setting up a solar plant of 200 MW in Rajasthan.
The government’s GOBARdhan initiative can complement the CGD network and contribute to reducing the carbon intensity of the energy mix, he added.
As part of backward integration, the company has set up a JV company, IGL Genesis Technologies, for meter manufacturing. Recently, commercial production of meters has started. IGL is exploring acquisition of stake in existing CGD companies. All these initiatives would add to the future growth of the company.
Highlighting the customer-centric approach adopted by IGL across its operations, Sen shared that the firm is strongly making continuous efforts to upgrade its services by leveraging technology in all its customer operations.
IGL has taken various steps like enhancements in self-billing related functionalities, launch of Dealer Owned Dealer Operated (DODO) portal and kick-off of Advanced Sales Force CRM system. Roll-out of spot-billing in IGL GAs had enabled on-the-spot bill generation and instant payments, improving convenience for customers while supporting faster revenue realisation.
IGL’s Board of Directors have recommended a final dividend of 75 per cent (₹1.5 per share) besides payment of 162.5 per cent (₹3.25 per share) interim dividend for FY26.
Published on September 24, 2026
