5 Aug : The Minister of State for Petroleum & Natural Gas Shri Jitin Prasada informed the Lok Sabha in a written reply today that Indraprastha Gas Lkimited(IGL) has a Voluntary Deposit Scheme (VDS) for its Piped Natural Gas (PNG) customers, wherein a consumer can place a minimum deposit of Rs. 2500 with IGL for payment of PNG consumption bills. The bills raised on consumers are deducted from this VDS amount and interest is credited into the PNG account of consumer on this reduced balance. The Scheme was introduced in the year 2003.
At the time of introduction of this Scheme, only the consumers opting for the Scheme were transferred to the same. Accordingly, such consumers are given interest on the VDS amount.