Dear colleagues,

On my joining IGL, I extend warm greetings to all the IGL family members. I am

most excited to be a part of this young, vibrant and committed family and look forward to a highly productive and fulfi lling association in time to come.

IGL has over a period of 10 years achieved signifi cant milestones which have resulted in Delhi being honoured as the “CNG capital of the world”. It would be our endeavor to maintain the same tempo of growth and progress along with the career growth of the em-ployees and their overall development.

IGL is on a threshold of a transition-al phase, moving from monopolistic con-ditions to a competitive environment. This requires a paradigm shift in the way we think, strategise and implement. We need to synthesise our vision and efforts to understand the needs of our customers. This is crucial as we have to develop a value proposition around our offerings so that the customer chooses

{ From the Desk of Managing Director }

VOLUME 2 ISSUE 4AUGUST 2008

4A quarterly newsletter of Indraprastha Gas Ltd

IGL. Our efforts should be aimed at “customer delight”. This requires a deep understanding of customer needs at all levels and fi ne-tuning of our systems.

At this stage of the company’s growth, it has become essential to introduce systems and procedures so as to streamline functioning and optimise operations. This will be a priority.Every effort shall be made to maintain trans-parency – internal and external.

IGL’s biggest asset is its human capital. The challenge is to remain ahead through continuous investment in upgradation of skills, knowledge and the intellect of our human asset.

We need to look the company’s long-term future. We need to develop the vision and mission with clear strategies and short- and long-term goals.

I believe in a participatory approach. We would like to introduce a scheme of “suggestion and reward” whereby all IGL employees feel encouraged to sug-gest improvement in the systems and processes. All suggestions which lead to benefi ts to the company shall be recognised and suitably rewarded. We shall promote an innovative ap-proach and thinking among employees which will help IGL remain ahead of competition.

The need at this critical hour is to stand united, remain focused, and I am confi dent of your whole-hearted support in taking the company to greater heights.

With best wishes,Rajesh Vedvyas

India’s 62nd Indepen-dence Day was celebrat-ed by the IGL Family at IGL Bhawan on August 15, 2008. Mr. Rajesh Ved-vyas, Managing Director, IGL unfurled the national fl ag amidst recitation of national anthem. Later, he addressed the gath-ered employees.

at IGL Bhawan

Mr. Rajesh Vedvyas unfurls the national fl ag.

Mr. Rajesh Vedvyas addresses the gathered employees at Independence Day celebrations

IGL employees participating in the Independence Day

celebrations

at IGL BhawanCelebrations

The ninth Annual General Meeting of IGL was held on July 22, 2008 at Sri Satya Sai Interna-tional Centre, Lodi Road, New Delhi. Chairman, IGL, Dr. U.D. Choubey addressed the share-holders and outlined the growth plans of the organisation, especially in the National Capital Region (NCR). He highlighted the exemplary performance of the organisation and outlined its safety practices and CSR initiatives.

The shareholders approved the dividend of 40 percent to the shareowners as recommended by the Board of Directors.

A lady shareholder asking a question

Shareholders supporting a resolution

Ninth Annual General Meeting

Directors of IGL at the ninth Annual General Meeting of IGL

Dr. U.D. Choubey addresses the shareholders

Round-up}

{From the Desk of Director (Commercial)}

Dear Reader

I am glad that, once again, IGL has maintained its tempo of growth in the fi rst quarter of

FY’09. During this period, the CNG sales volume increased by 17 percent and PNG sales volume by 20.83 percent over Q1 of 2007-08. Overall, there has been 17.3 percent growth in sales volume in the quarter, thereby resulting in a growth of 13.7 percent in net profi t after tax over the corresponding quarter of FY08.

The recent spurt in the number of private cars converting to CNG has thrown up a big challenge for us. We are in the process of enhancing capacity at our existing CNG stations to meet the ever- growing demand from our users. At the same time, we are looking at technological solutions to reduce transaction time for customers at CNG stations by installing dispens-ers with pre-set metering.

With a number of challenges in front of us, there is a need to main-tain synergy in every segment of our operation. I am sure that our team will rise to the occasion and remain committed towards providing the eco-friendly and economical energy solutions to the residents of the region. My best wishes to the entire IGL Family.

Manmohan Singh

Ninth Annual General Meeting

IGL presented the dividend cheque of Rs 12.60 crore to BPCL, one of its two pro-moters, for the fi nancial year 2007-08 on August 4, 2008. BPCL holds a 22.5 percent equity stake in IGL.

Mr. Rajesh Vedvyas presented the dividend cheque to Chairman & Managing Direc-tor, BPCL, Mr Ashok Sinha. Directors and other senior offi cials of BPCL and IGL were also present on the occasion.

IGL presented the dividend cheque of Rs 2.80 crore to the Government of NCT of Delhi, one of its stakeholders, for the fi nan-cial year 2007-08 on August 1, 2008. The Government of NCT of Delhi holds a 5 percent equity stake in IGL.

Mr. Rajesh Vedvyas pre-sented the dividend cheque to Mr Tejendra Khanna, Hon’ble Lt-Governor of Delhi. Mr. Manmohan Singh and other top offi cials of IGL were also present on the occasion.

IGL presents Dividend Cheque to Delhi Government

IGL presents Dividend Cheque to BPCL

IGL presents Dividend Cheque to GAILIGL presented the dividend cheque of Rs 12.60 crore to GAIL, one of its two promot-ers, for the fi nancial year 2007-08 on July 24, 2008. GAIL holds a 22.5 percent equity stake in IGL.

Managing Director and Director (Commer-cial) of IGL presented the dividend cheque to Chairman & Managing Director, GAIL (India) Ltd., Dr. U.D. Choubey. Directors of GAIL and senior offi cials of IGL were also present on the occasion.

Please send your feedback/suggestions to amandeep.singh@igl.co.in

Union Minister for Petro-leum and Natural Gas, Mr. Murli Deora, prom-ised full government sup-port to IGL to expand its operations in the entire NCR Region. Mr. Deora was speaking on the oc-

casion of the CNG Consumer Meet organised by IGL in the park behind R.K. Puram Sector XII CNG Station on July 20, 2008.

Below: A representative of public transport highlights the issues of CNG users

Mr. Murli Deora, Mrs. Sheila Dikshit, Mr. Ajay Maken, Mrs. Krishna Tirath, Mrs. Barkha Singh, Mr. S. Sundereshan and Dr. U.D. Choubey visiting R.K. Puram Sector XII CNG Station.

Top: Mr. Murli Deora, Mrs. Sheila Dikshit, Mr. Ajay Maken, Mrs. Krishna Tirath, Mrs. Barkha Singh, Mr. S. Sundereshan, Mr. Rakesh Mehta, Dr. U.D. Choubey and Mr. Manmohan Singh

Mr. Rajesh Vedvyas took over

as Manag ing D i rec tor o f

Indraprastha Gas Ltd. (IGL), the

sole supplier of Compressed

Natural Gas (CNG) and Piped Natural Gas

(PNG) in the capital, on July 29, 2008.

Mr. Vedvyas, aged 54 years, is an Electronics

& Communication Engineering Graduate from

Punjab Engineering College, Chandigarh and

brings to IGL a rich and diverse experience

encompassing over 31 years. Prior to joining

the current assignment, he was serving as Zonal

Head of GAIL (India) Ltd. at Hyderabad.

Mr. Vedvyas has had a wide experience in

Projects, Marketing and Operations during

his 23 years of service in GAIL. He has been

posted at various installations of GAIL across

the country and involved in cross country

pipelines. The steel pipeline of GAIL in Delhi

has been laid under his supervision as the

project head. During his posting in Agra, he

successfully led the project team which created

infrastructure for conversion to natural gas

from the alternate fuels in the region as a result

of the mandate of Hon’ble Supreme Court of

India. The team led by him was instrumental

in starting of gas supplies to polluting

industries in the region. Mr. Vedvyas has also

headed GAILTEL, the telecommunication arm

of GAIL.

Prior to joining GAIL in 1985, he had put in

over eight years at Indian Oil Corporation.

Mr. Vedvyas’s rich experience in Projects,

Marketing, Operations and Customer Relations

will go a long way in leading IGL to meet

the enormous challenges in front of the

organisation.

Mr. Rajesh Vedvyas takes over as Managing Director

Round-up} CNG Consumer MeetIGL Promised Full Support for Expansion in NCR50 new CNG Stations to come up in Delhi

Speaking on the occasion, in the presence o f a large number of bus fl eet operators and CNG users, Chief Minister of Delhi, Mrs. Sheila Dikshit promised that 50 more CNG stations would be opening in the capital to make CNG easily available for all forms of transport.