Indraprastha Gas Ltd. wins Golden Peacock Eco-Innovation Award 2006

By Staff
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Google Oneindia News

New Delhi, May 30 (UNI) Indraprastha Gas Limited (IGL), sole supplier of Compressed Natural Gas (CNG) and Piped Natural Gas (PNG) in the National Capital Territory of Delhi, has been declared winner of the Golden Peacock Eco-Innovation Award (GPEIA) for 2006.

The Golden Peacock Awards Secretariat stated that the jury headed by Justice P N Bhagwati, Former Chief Justice of India, has declared IGL as the winner of the award.

The jury for the awards comprised top serving and retired bureaucrats, officials and jurists.

The award will be formally presented at the forthcoming 8th World Congress on Environment Management to be held at Palampur in Himachal Pradesh on June 9, 2006.

The prestigious Golden Peacock Eco- Innovation Award, named after India's national bird 'Peacock' is awarded every year to the most innovative product as determined by the satisfaction of the customer's long term unexpressed needs and aspirations in the most cost-effective manner, which is consistent with society's goal of sustainable development.

IGL has won the award in the medium and small enterprises category in Oil and Petroleum segment.

The air pollution in the capital has reduced considerably after introduction of CNG by IGL in the public transport segment.

Today, IGL fuels world's largest public transport fleet comprising over 80,000 vehicles including buses, autos, taxis and RTVs. IGL is catering to over 1,06,000 CNG vehicles, which include about 25,000 private cars.

Because of the tremendous cost saving, about 1500 to 2000 cars are being converted every month to CNG mode.

Apart from controlling air pollution, usage of CNG is extremely economical as compared to other auto fuels. It offers around 70 per cet savings towards the running cost when compared to petrol driven vehicles. When compared to diesel driven vehicles the economics in favour of CNG is 40 per cent and compared to Auto LPG it is around 56 per cent.

The price of CNG fixed by IGL in Delhi is the least in the country. UNI BBS MP BD1910

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