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Sanjay Ahuja

20th Aug · SEBI-Registered Analyst

INDRAPRASTHA GAS SET TO BENEFIT FROM THE PNG INCENTIVE SCHEME AND RISING DOMESTIC GAS DEMAND

Government of India has sanctioned the Incentive Scheme for the Promotion of Domestic PNG Connections. The objective of the scheme is to facilitate the rapid growth of active PNG connections in order to provide Indians with an efficient, safe, and cost-effective fuel source. One such stock that can benefit from this scheme is

IGL
. The company provides PNG connections across Delhi-NCR, and higher household connections can increase domestic gas volumes and improve the utilisation of it's existing distribution network.

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