Shares of Indraprastha Gas Ltd (IGL) edged higher on Friday, November 28, as the Haryana government moved closer to unveiling its modern and investor-friendly City Gas Distribution (CGD) Policy 2025, aimed at accelerating natural gas infrastructure development across the state. The stock gained nearly 2% in early trade.

The update came after Chief Secretary Anurag Rastogi announced during a review meeting on Thursday that the state is finalising a comprehensive policy aligned with national standards. He also directed officials to incorporate recommendations from the Petroleum and Natural Gas Regulatory Board (PNGRB) to ensure industry-wide compliance.

According to the official statement, the policy is designed to attract both public and private investment into pipelines and distribution networks while promoting fair competition and safeguarding consumer interests related to access and safety. Rastogi added that expanding the CGD network would help Haryana reduce reliance on crude oil by encouraging cleaner energy usage across industries and households.

Under the Draft CGD Policy 2025, PNGRB-authorised companies will be able to seek Right of Use (RoU) and Right of Way (RoW) permissions through a single-window state portal. Applicants must submit a Common Application Form along with GIS-based maps, land details, work plans and preferred technologies such as HDD, trenchless boring or open trenching.

The draft also introduces a transparent fee structure and simplified financial procedures. Commissioner and Secretary (Industries & Commerce) Amit K Agrawal said the new framework updates the state’s earlier 2010 CGD policy to align with today’s technological and administrative requirements. The Industries and Commerce Department will serve as the nodal agency for implementation.

Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information.