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Business segment review - subsidiaries

Fuelling success, one segment at a time

Our diverse business segments, from City Gas Distribution to E-Mobility, Biomass, and Green Hydrogen – serve as the engines powering our journey towards a cleaner, smarter energy future. Each vertical reflects our focus on innovation, operational excellence, and purposeful expansion. Together, they strengthen our position in the energy value chain to deliver sustainable growth and long-term value for all those we serve.

IOAGPL CNG Station

Business segment review - subsidiaries

Indian Oil-Adani Gas Private Limited

Overview

IndianOil – Adani Gas Private Limited (IOAGPL) is a city gas distributor (CGD) operating across 19 geographic areas (GAs). A 50:50 joint venture between Indian Oil Corporation Limited (IOCL) and Adani Total Gas Limited (ATGL), IOAGPL benefits from the technical and managerial expertise of its promoters.

Leveraging IOCL’s extensive operational experience, existing infrastructure, LNG import terminals, and retail network, along with ATGL’s growing expertise in City Gas Distribution (CGD), IOAGPL gains a strong competitive edge. This collaboration ensures efficient project execution and seamless operations, strengthening IOAGPL’s presence in the CGD sector.

Key Statistics

19No. of GAs across 10 states & 1 UT
50%Volume growth Y-o-Y, reaching 540 MMSCM
1.8 lakhsPNG home connections
440Industrial customers
678Commercial customers

Operational and Financial Highlights, FY 2024-25

PAT