Indraprastha Gas Ltd. (IGL) on Wednesday signed a long term gas supply agreement with Delhi Transport Corporation (DTC) to continue the supply of CNG to the public transporter's fleet of buses for ten years till December 2030.
The agreement was signed in the presence of Delhi Transport Minister Kailash Gahlot, IGL said in a statement. DTC has long been one of IGL's largest customers. In 2010, the two had signed a long term Gas Supply Agreement under which IGL set up dedicated CNG filling facilities at 44 depots of DTC across Delhi and Noida with a total compression capacity of 10 lakh kgs per day.
While IGL is the largest CNG distribution company in the country, DTC is the largest CNG-powered bus service operator globally, with a fleet size of 3,762 buses at present. It is also in the process of procurement of 1,000 new CNG buses. DTC consumes around 2.80 lacs kgs of CNG per day for its buses which constitutes around 11 per cent of the daily CNG sale of IGL, the statement added.
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.