City Gas Distribution & PNG/CNG Network

10 companies Updated 9 Jun 2026

NSE-listed companies building India's last-mile natural gas infrastructure — from CGD operators expanding PNG connections and CNG stations to pipeline builders and cryogenic equipment suppliers.

Sectors represented: Oil Gas & Consumable Fuels, Metals & Mining

Companies with exposure to city gas distribution & png/cng network

IGL

Indraprastha Gas Limited

Oil Gas & Consumable Fuels
annual report · 2024

Incentivizing non-APM sources (hard-to-drill) through. differentiated pricing. . Thrust on securing long term, affordable &. diversified LNG contracts. CNG consumers. . Incentivizing non-APM sources (hard-to-drill) through. differentiated pricing. . Thrust on securing long term, affordable &. diversified LNG contracts. . Increase in the area under E&P through policy intervention.

IRMENERGY

IRM Energy Limited

Oil Gas & Consumable Fuels
annual report · 2024

Technological AdvancementsPNGRB Bidding and. Authorization Process for CGD. Expansion. Vertical Integration Strategy for. Comprehensive Energy Solutions. Expediting the development of. the CGD network in Namakkal & ical AdvancementsPNGRB Bidding and. Authorization Process for CGD. Expansion. Vertical Integration Strategy for. Comprehensive Energy Solutions. Expediting the development of.

VENUSPIPES

Venus Pipes & Tubes Limited

Metals & Mining
annual report · 2026

CNG market alone is estimated. at US$ 30.60 bn in 2026 and is. projected to expand to. US$ 99.24 bn by 2035 at a CAGR. of 13.97%. The PNGRB has authorised CGD. network development across y 12.67%. India's. CNG market alone is estimated. at US$ 30.60 bn in 2026 and is. projected to expand to. US$ 99.24 bn by 2035 at a CAGR. of 13.97%. The PNGRB has authorised CGD. network development across.

GUJGASLTD

Gujarat Gas Limited

Oil Gas & Consumable Fuels
quarterly result · 2023

The company has. a successful track record of providing uninterrupted services to households for over 3. decades through a network of -35,000 km of gas pipeline, distributing approx. 9.5 MMSCMD. of natural gas. The company operates 800+ CNG stations and provides natur~gas to around. 18.90 lakh households in six states and one union territory. f gas pipeline, distributing approx. 9.5 MMSCMD.

GUJENERGY

quarterly result · 2023

The company has. a successful track record of providing uninterrupted services to households for over 3. decades through a network of -35,000 km of gas pipeline, distributing approx. 9.5 MMSCMD. of natural gas. The company operates 800+ CNG stations and provides natur~gas to around. 18.90 lakh households in six states and one union territory. f gas pipeline, distributing approx. 9.5 MMSCMD.

ATGL

Adani Total Gas Limited

Oil Gas & Consumable Fuels
annual report · 2026

VAT rationalization on CNG & PNG. simplification and offsetting some impact of rise in. natural gas prices and exchange rates. Several states have. now adopted CGD policy and have started implementing. VAT rationalization on CNG & PNG. These developments. will be conducive to higher gas penetration, improving. accessibility, and supporting the government’s target of.

IEX Indian Energy Exchange Limited Financial Services
annual report · 2024

During the year, PNGRB initiated process for. development of various Natural Gas Pipelines viz. Jammu - Srinagar Natural Gas Pipeline, Kakinada-. Srikakulam Natural Gas pipeline, Kochi to. Thoothukudi Natural Gas Pipeline via Kanyakumari, various Natural Gas Pipelines viz. Jammu - Srinagar Natural Gas Pipeline, Kakinada-. Srikakulam Natural Gas pipeline, Kochi to.

MGL Mahanagar Gas Limited Oil Gas & Consumable Fuels
earnings transcript · 2026

Supply conditions. remain uncertain and global LNG markets continue to experience volatility. However, 100% of our domestic PNG, DPNG requirements and the major portion of our CNG trait of Hormuz. Supply conditions. remain uncertain and global LNG markets continue to experience volatility. However, 100% of our domestic PNG, DPNG requirements and the major portion of our CNG.

HINDPETRO Hindustan Petroleum Corporation Limited Oil Gas & Consumable Fuels
annual report · 2026

New domestic PNG. connections completed. during the year. (cumulative total: 1,62,941). City Gas Distribution (CGD). HPCL’s City Gas Distribution (CGD) business continued its cumulative total: 530). 47,216. New domestic PNG. connections completed. during the year. (cumulative total: 1,62,941). City Gas Distribution (CGD). HPCL’s City Gas Distribution (CGD) business continued its.

EKC Everest Kanto Cylinder Limited Capital Goods
investor presentation · 2023

Systems,specialtyvesselsforforeignmilitary,vesselsfor. oil and gas exploration and cylinders for other specialty. applications. ✷Also marketing DOT-approved industrial cylinders. sourcedfromIndiaandDubai. ✷SignedJVwithRevGasIndustriesLtd,Hungarytosetup. a state-of-the-art manufacturing plant in Hungary for. seamlesshighpressureCNG/industrialgascylindersand.

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