Company Profile: The company is a City gas distribution company operating in Delhi, Noida, and Ghaziabad, in households, Hotels, Commercial, And vehicles. It supplies gas to a broad spectrum of customers. The company was incorporated in 1998 and went public in 2003. As of March, the company provides PNG to 660000 households, 1500 commercial and industrial customers, and 416 CNG Filling stations in NCR.
Financials and Ratio
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Future Prospects: As a City gas distribution company supplying CNG, PNG is owned by Govt owned Oil companies, so there are hardly any significant difficulties in the company’s path. Natural gas is less pollution and clean fuel, and as govt is trying to give access to all people for gas, the future potential is enormous. The company also provides gas to commercial and industries, increasing its future potential.
