Tuesday, 10 January 2017

Plan for double digit CNG volume growth in 2017

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After the initial two day shock post the cash ban announcement, Indraprastha Gas Ltd (IGL) saw no impact of demonetisation on its CNG volume, says ES Ranganathan, MD, IGL. The company has capex plans of Rs 250 crore for 2017 and an additional Rs 100 crore plan for its Rewadi project next year. He further said that IGL plans for a double digit CNG volume growth in 2017 compared to 2016.

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