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BPCL plans to introduce smaller LPG cylinders: Report

04 Jul 2014 Evaluate

Bharat Petroleum Corporation (BPCL) is reportedly planning to introduce 3kg and 2kg LPG cylinders in the market. The move came in following the good customer feedback received by the company after launching the 5 kg cylinder in various cities including the metros. This will be beneficial for the consumers who have highly irregular work timings and may not be able to visit the distributor or be at home to receive cylinders during normal working hours.

Further, the company is looking at improving LPG infrastructure in the country by setting up pipelines to regulate road movements, bottling plants in areas where there were no such facilities and import facilities in ports on the west coast.

BPCL is into exploration, production and retailing of petroleum and petrol related products. The retail business unit of BPCL is into marketing of petrol, diesel and kerosene.

Peers
Company Name CMP
Reliance Industries 1186.10
Indian Oil Corpn. 130.70
Bharat PetroleumCorp 296.50
HPCL 343.10
MRPL 172.60
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