Complete Guide to Start IGL CNG Pump Franchise in 2024

Starting an Indraprastha Gas Limited (IGL) CNG Filling Station Dealership

In this 21st Century, people and businesses are focusing more on ec-friendly products rather than the old traditional methods. Similarly, CNG (Compressed Natural Gas) vehicles in our country has gained immense popularity in these recent times.

Yes, the sole reason for such is due to its environmental benefits and cost-effectiveness to petrol or diesel vehicles.

CNG is a much better option not only because of its environment-friendly features but, it is a cleaner fuel option. It produces low emissions of pollutants like carbon monoxide, nitrogen oxides, and other harmful gases. Looking into the huge demand of this fuel so many new startups are coming up every year in our country.

One of the oldest players in our country is Indraprastha Gas Limited. They have been serving our nation since 1998 and has become one of the top players in our country. This leading provider of CNG operates in the National Capital Region of Delhi.

Over the years, IGL has created a very strong reputation for its reliability and constant supply of CNG to all of its distribution channels.

IGL plays a key role in promoting clean fuel alternatives, and in supporting the government’s initiatives towards reducing vehicle pollution. Some benefits of owning an IGL CNG filling station dealership are the following:-

• Huge business potential 
• You will get a good brand reputation 
• It provides stable revenue 
• Total government support will be provided 
• Top-class technical support

How to start a Indraprastha Gas Limited Franchise?

Eligibility and Requirements to Start a Indraprastha CNG Pump Franchise

To become a member or open a IGL CNG dealership there are numerous criteria that you need to go through. Without these criteria, you will simply be rejected by the officials of the brand.

So, fulfilling all the eligibility criteria and requirements for opening a CNG dealership of IGL is very important. Here are the eligibility criteria of opening a CNG IGL dealership:-

For Individuals :-

• All the applicants must be an Indian citizen
• The minimum age criteria to apply for this dealership is not less than 21 years old and not more than 60 years old.
• You are also required to submit valid proof of age (self-attested copy of 10th standard Board certificate/Secondary School/Birth Certificate)
• Candidates must have completed their 12th grade 
• The applicant must be a resident of India as per the Income Tax Act of 1962
• The minimum financial requirement for this business is Rs 2 crore

For Partnership

• The partnership firm should be registered under the Indian Partnership Act prior to the submission of the application.

Here are some requirements for IGL CNG dealership

• Licenses and permits 
• Financial statements 
• Proof of land ownership or lease agreement 
• Compliance certificates 
• Applicants convicted, arrested, or jailed will not be allowed

Selection Process for IGL Franchise

When you have selected IGL, then you will be offered two dealership models and they are Company Owned Company Operated (COCO) and Dealer Owned Dealer Operated (DODO). Here is the meaning of these two models offered by the company to the applicants:-

• COCO Model– In this model, IGL owns and will operate the CNG Filling dealership station. In this type of business model, the entire investment, operation, and maintenance of the station will be handled by IGL only. 
• DODO Model– Under this model, individuals or partners can apply to start a dealership and they will operate the CNG filling station. Here, the dealer will be responsible for the investment, operation, and maintenance of the station.

Here is the application process for IGL Dealership :-

• Expression of Interest – Interested Individual is required to submit an Expression of Interest to IGL. It must clearly express your intent to become a suitable dealer for setting up a station. This process includes some details such as contact information, business experience, location, and a few more. 
• Screening and shortlisting – After IGL receives all the EOIs, they will screen and shortlist applicants based on criteria such as financial stabiility, industry experience, and location feasibility. 
• Submitting a detailed proposal – Now, the shortlisted candidates are required to submit a detailed proposal which will clearly outline their business plan , investment capability, operational strategy, and a few more. 
• Evaluation and approval– Once you have submitted a detailed proposal of how you are going to conduct the business, IGL will evluate it. If they appreciate your proposals then with no time they will approve your proposal and you can start with their dealership program. 
• Agreement signing – The last and the final part of application process is to sign the dealership papers. Make sure to read all the guidelines, terms, and conditions before you sign the agreement papers.