Will Delhi government’s EV drive send IGL on a bumpy ride?

In September 2001, when CNG buses were made mandatory in Delhi, it was a defining moment for Indraprastha Gas Limited (IGL), a joint venture between state-owned GAIL and BPCL. Twenty-three years, 819 pumps, and a phenomenal growth story later, the company is facing an existential challenge – that too from another clean-energy sector. Two recent events especially have doomy messages for IGL. Last month, the Delhi government budget offered a big