Indraprastha Gas Limited
Government Pension Fund Global (Norway) initiated a new position in Indraprastha Gas Limited, acquiring 1,68,04,048 shares, representing a 1.20% stake. The position is valued at ₹257.29 Cr based on Indraprastha Gas Limited's share price of ₹153.07.
A city gas distributor established in 1998, Indraprastha Gas Limited supplies compressed natural gas, piped natural gas, and liquefied petroleum gas across the National Capital Territory and surrounding regions. The company operates as a key energy infrastructure provider, serving residential, commercial, and industrial customers across Delhi, Noida, Gurugram, Kanpur, Meerut, and other northern cities. It plays an important role in energy distribution across its service areas.
Norway's sovereign wealth fund, managed by Norges Bank Investment Management. World's largest SWF with over USD 2 trillion in assets, invested across 8,700+ companies globally including Indian equities.