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economictimes.indiatimes.com / 2 years ago
Indraprastha Gas MD on CNG sales, conversions & Delhi govt’s EV policy
Kamal Kishore Chatiwal, MD, Indraprastha Gas, says “On October 27, we clocked the highest ever sale by IGL of 51.92 lakh kg per day. Earlier, we were just touching around 50 lakh due to this festive sale and plus some of the initiatives that we have taken to increase our dispensing capacity. So we have been able to achieve around 52 lakh kg. And if you see our last annual, that was around 46-47 lakh kg. So there has been an increase of 10 to 12%.”
To begin with, your volumes in Q2 have been around 8.3 MMS CMD, and your FY24 guidance was a little bit more. How are you seeing volumes picking up in the second half?
Actually, the quarterly MMS CMD volume is around 8.3, as against 8.09 that we had done last year. In this quarter, there have been two major disruptions in the form of G20 as well as the floods in Delhi. So that has impacted around eight to nine days of sales. And the impact of that is around 0.12. So we are hopeful that we will end the year at 9 MMS CMD.
Have volumes also picked up in the current quarter?
On October 27, we clocked the highest ever sale by IGL of 51.92 lakh kg per day. Earlier, we were just touching around 50 lakh due to this festive sale and plus some of the initiatives that we have taken to increase our dispensing capacity. So we have been able to achieve around 52 lakh kg. And if you see our last annual, that was around 46-47 lakh kg. So there has been an increase of 10 to 12%.
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