North East Gas Distribution Company Limited (NEGDCL)

What North East Gas Distribution Company Limited (NEGDCL) does

North East Gas Distribution Company Limited (NEGDCL) is a City Gas Distribution (CGD) joint venture established on 21 July 2023 between two Indian public-sector energy companies, Assam Gas Company Limited (AGCL) and Oil India Limited (OIL). The company holds exclusive PNGRB-authorised CGD licences for three geographical areas: GA 11.03 covering the North Bank of Assam districts of Darrang, Sonitpur, Bishwanath and Lakhimpur, and GA 11.56 and GA 11.57 covering the Tripura districts of Sepahijhala and Khowai. Within these territories NEGDCL operates as the sole licensed gas distributor, supplying piped natural gas (PNG) to domestic, commercial and industrial consumers and compressed natural gas (CNG) for automotive use.

NEGDCL's core technology is physical gas-distribution infrastructure: MDPE and steel pipeline networks connecting domestic, commercial and industrial customers; CNG stations, Compressed Gas Stations (CGS) and Mother Stations feeding the distribution network; and supporting gas metering and compression equipment. The company has gone live on SAP S/4HANA as its enterprise ERP for finance, projects and operations, and runs a PNG consumer-facing bill-payment portal. Strategic counter-parties include GAIL (India) Limited as primary gas supplier and transporter under a GSTA signed in January 2025, IGGL for pipeline hook-ups to the North-East Gas Grid, TNGCL for shared operations of five Tripura CNG stations, and BPCL for an outlet-based CNG station at Bogibeel.

Commercially, NEGDCL generates revenue from regulated, recurring PNG supply to households and businesses, usage-based CNG sales at its stations, and one-off infrastructure project contracts awarded through competitive tenders. Pricing is set under PNGRB oversight rather than by the company. Its go-to-market combines direct sales and field marketing for PNG connections, enterprise engagement with industrial anchors such as tea-processing factories (via ABLTMA) and Patanjali Ayurveda's Tezpur facility, and district-administration partnerships for right-of-way and project facilitation. Headquartered in Guwahati with regional offices in Tezpur and Agartala, the company is led by Chairman Sri Bolin Chetia and is in its second year of commercial operations, with infrastructure rollout accelerating across FY2025 and into FY2026.

Name

North East Gas Distribution Company Limited (NEGDCL)

Legal name

North East Gas Distribution Company Limited

Website

https://negdcl.co.in

Company type

Private

Founded year

2023

Operating status

Operating

Short description

NEGDCL is a PSU-backed City Gas Distribution joint venture between Assam Gas Company Limited and Oil India Limited, operating PNGRB-licensed gas distribution networks in North Bank of Assam and Tripura, supplying PNG to households and industry and CNG through filling stations.

Ownership category

akta.pro rank

Product category

City Gas Distribution

NAICS

Natural Gas Distribution (22121), Natural Gas Distribution (2212), Pipeline Transportation of Natural Gas (4862)

SIC

Natural Gas Distribution (4924), Natural Gas Transmisison & Distribution (4923)

akta.pro industry

PRIMARYTLAGADAA

Local Distribution Company (LDC) Natural Gas Distribution Utilities

Transportation & Logistics/Pipeline Transportation/Natural Gas Distribution Pipelines

SECONDARYEUALALAA

Industrial CNG/LNG Supply & Distribution (Virtual Pipelines, Trucking, Satellite Storage)

Energy, Utilities & Environment/Oil & Gas (Upstream, Midstream, Downstream and Refining)/Gas-to-Power & Industrial Gas Supply (CNG/LNG for Industry, Captive Power)

Keywords

• City gas distribution
• Piped natural gas
• Compressed natural gas
• Natural gas infrastructure
• CGD services

Headquarters

HQ city

Guwahati

HQ country

India

HQ region

Asia

Offices3 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Infrastructure, Supply Chain, Operations, Personnel, Technology or R&D

Revenue model

1. Piped Natural Gas (PNG) Supply: NEGDCL supplies piped natural gas to domestic, commercial, and industrial consumers across its licensed geographical areas in Assam and Tripura. Revenue is generated through ongoing consumption-based gas supply contracts with end consumers.
2. CNG (Compressed Natural Gas) Distribution: NEGDCL operates CNG filling stations for vehicular fuel, generating revenue from the sale of compressed natural gas to automobile consumers.
3. Infrastructure Project Contracts: NEGDCL issues tenders and awards contracts for construction of CGS, Mother Stations, pipeline laying, and equipment supply, indicating a procurement/contracting revenue model for capital infrastructure development.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels5 records

Core offering

NEGDCL is a City Gas Distribution (CGD) company that distributes Piped Natural Gas (PNG) to domestic, commercial, and industrial customers through buried pipeline networks, and distributes Compressed Natural Gas (CNG) as vehicular fuel through company-operated and third-party CNG stations across its PNGRB-licensed geographical areas in the North Bank of Assam and Tripura, India. The company also develops and commissions related gas infrastructure including CGS (City Gas Stations), Mother Stations, MDPE/steel pipeline networks, and associated compression/metering equipment.

Product overview

NEGDCL operates a City Gas Distribution (CGD) network in Assam and Tripura, providing two primary product lines: Piped Natural Gas (PNG) for residential, commercial, and industrial customers, and Compressed Natural Gas (CNG) primarily for vehicle fuel. The PNG service delivers gas through pipelines directly to end consumers, while CNG is distributed via refueling stations. The company is expanding infrastructure across the North Bank of Assam and Tripura regions, with operations in multiple districts and cities including Guwahati, Tezpur, Mangaldoi, and Agartala.

Differentiator

Problem solved

Functional benefit

Products and services

• Domestic PNG (DPNG) Piped Natural Gas supply service for residential households, delivering continuous clean-burning cooking and domestic heating fuel directly to homes through the MDPE pipeline network within licensed geographical areas.
• Commercial PNG Piped Natural Gas supply service for commercial establishments such as hotels, restaurants, and businesses, providing reliable clean fuel for cooking and heating operations.
• Industrial PNG Piped Natural Gas supply service for industrial facilities, supporting manufacturing and production operations (including steam generation, process heating, and power generation) with reliable continuous energy supply.
• Compressed Natural Gas (CNG) Compressed Natural Gas for vehicle fuel and other applications, distributed through CNG filling stations across Assam and Tripura. CNG is a cleaner and more cost-effective automotive fuel alternative to petrol and diesel.

Quantifiable outcome

• Clean energy access through piped natural gas reduces carbon emissions compared to traditional fuels

Named customers3 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

Four partnerships are on record, tiered core, major and minor.

• GAIL (India) LimitedcoreStrategic or Co-development Partner · 10 January 2025NEGDCL signed a Gas Sales & Transportation Agreement (GSTA) with GAIL on 10 January 2025. GAIL is the primary natural gas supplier and transporter for NEGDCL's CGD network, providing the gas supply that NEGDCL distributes to end consumers through its PNG and CNG infrastructure.
• TNGCL (Tripura Natural Gas Company Limited)majorStrategic or Co-development Partner · 24 December 2024NEGDCL and TNGCL signed a Term Sheet on 24 December 2024 for change in operation modalities of 5 CNG stations in Tripura, establishing a framework for shared CNG station operations in the state.
• IGGL (Indradhanush Gas Grid Limited)coreStrategic or Co-development PartnerNEGDCL has signed Hook-Up Agreements with IGGL for pipeline connectivity in Mangaldoi and Dhekiajuli, enabling gas flow connections between pipeline networks. IGGL is implementing the North-East Gas Grid pipeline project.
• BPCL (Bharat Petroleum Corporation Limited)minorStrategic or Co-development PartnerBPCL operates a CNG station at Bogibeel outlet in Dhemaji district, Assam. NEGDCL is involved in infrastructure development for CNG distribution in the region. The first CNG DB Station at Bogibeel (BPCL outlet) had its Bhumi Pujan ceremony.

Scale indicators3 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Adani Total Gas Limited: Pan-India listed CGD operator supplying PNG and CNG across multiple states. Directly comparable to NEGDCL as a PNGRB-authorized CGD entity with similar PNG/CNG product mix; useful for benchmarking unit economics and expansion pace.
• Central U.P. Gas Limited: CGD entity (JV of BPCL and GAIL) operating in Uttar Pradesh. Comparable to NEGDCL in CGD business mix (PNG domestic/industrial/commercial + CNG) and JV with PSU energy parents; useful for benchmarking regulatory relationships and growth profile.
• Bhagyanagar Gas Limited: CGD company (JV of HPCL and GAIL) operating in Telangana and Andhra Pradesh. Directly comparable to NEGDCL given same JV structure with PSU oil/gas parents, PNG and CNG product lines, and PNGRB-authorized GA model.
• Gujarat Gas Limited: One of India's largest CGD players with PNG and CNG operations across multiple GAs in Gujarat. Comparable to NEGDCL in business model (PNG domestic/commercial/industrial + CNG stations), regulatory structure, and JV/shareholding involving PSU energy companies.
• Sabarmati Gas Limited: Listed CGD entity distributing PNG and CNG in Gujarat. Comparable to NEGDCL as a PNGRB-authorized CGD licensee serving domestic, commercial, industrial and automotive customers; useful benchmark for unit margins in mid-stage GAs.
• Indraprastha Gas Limited (IGL): India's largest listed City Gas Distribution company, distributing PNG and CNG across Delhi, NCR and select cities. Directly comparable to NEGDCL as both are PNGRB-authorized CGD operators with PNG (domestic/commercial/industrial) and CNG station business lines.
• Mahanagar Gas Limited (MGL): Listed CGD operator distributing PNG and CNG in Mumbai, Thane and adjoining areas; JV of GAIL and BG. Direct peer to NEGDCL given the same PNG/CNG business model, PNGRB-authorized GA structure, and industrial+domestic+automotive customer mix.
• GAIL Gas Limited: CGD subsidiary of GAIL (India) Limited operating PNG and CNG distribution in multiple GAs. Direct peer to NEGDCL given the same CGD business model; also a counterparty (NEGDCL has a GSTA with parent GAIL) reflecting standard industry supply relationships.
• Tripura Natural Gas Company Limited (TNGCL): Established CGD operator in Tripura that has signed a term sheet with NEGDCL for shared operation modalities of 5 CNG stations. Direct peer given overlap in Tripura geography, same PNG/CNG business mix, and explicit operational partnership.

Broad incumbents

• Assam Gas Company Limited (AGCL): Parent of NEGDCL and one of the oldest natural gas distribution utilities in Assam. Heavily comparable given overlapping product lines (PNG and CNG), overlapping state geography, and JV/parent relationship with NEGDCL.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about North East Gas Distribution Company Limited (NEGDCL)