IGL Completes Pre-Qualification Stage for Saudi Arabian Gas Distribution Tender

Indraprastha Gas Limited has cleared the pre-qualification stage of a tender process for natural gas distribution networks in Saudi Arabia, according to an exchange filing dated January 9, 2026. 

The company said it has received communication from the concerned authority in Saudi Arabia confirming that it has passed the pre-qualification stage. It will now move to the competition stage of the tender process. 

Next Steps in the Process 

IGL said the documents for the competition stage will be issued by the Saudi authority in due course. These documents are expected to outline the requirements for the next phase of evaluation. 

The tender relates to licences for developing natural gas distribution networks in several industrial cities in the country. No further information was provided on the number of licences or the scope of work. 

Link to Earlier Agreement 

The update follows a disclosure made in November 2025, when the company announced an alliance-cum-partnership agreement with MASAH Construction Company, a Saudi Arabia-based firm. 

The agreement was entered into to participate in the pre-qualification process for the tender. The filing does not provide details on the financial terms of the partnership or the roles of the two parties. 

Limited Information on Project Details 

IGL has not disclosed the size of the proposed projects or the expected investment, if selected. The company also did not comment on timelines for award of licences. 

No information was shared on whether the company plans to bid for more than one licence under the tender. 

Indraprastha Gas Ltd (IGL) Share Price Performance  

As of January 9, 2026, 3:30 pm, Indraprastha Gas Ltd (IGL) share price closed at ₹187.35, a 0.92% increase from the previous closing price. 

Read More:  IGL Share Price in Focus; Reduces Piped Cooking Gas Prices in Delhi and NCR from January 1, 2026! 

Conclusion 

The clearance completes the eligibility stage of the tender process. Further updates are expected once the competition-stage documents are issued and the bidding process advances. 

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