Are IFSC and SWIFT code both the same?

Written by Admin | Last Updated: July 2026

No, Indraprastha Gas Limited (IGL) and GAIL (India) Limited are separate corporate entities, though GAIL serves as a primary promoter and joint-venture partner. GAIL is a massive state-owned natural gas processing and transmission enterprise in India. IGL is a city gas distribution company operating in the National Capital Territory of Delhi and surrounding regions, established as a joint venture involving GAIL, Bharat Petroleum Corporation (BPCL), and the Government of Delhi. While GAIL holds significant equity and supplies gas to IGL via its pipelines, they operate under distinct management boards.

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