An Indraprastha Gas attendant fills up a customer’s car (Photographer: Prakash Nangia/Bloomberg)
Indraprastha Gas Ltd. announced that it received the letter of intent from the Petroleum and Natural Gas Regulatory Board to build a city gas distribution network in Rewari district in Haryana.
IGL has been asked to submit a performance bank guarantee of Rs 1,052.36 crore within 15 days, the company said in its filing on the Bombay Stock Exchange.
The shares rose as much as 0.9 percent to Rs 690 in early Wednesday trading, before paring gains.
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