Confidence Petroleum bags another contract for setting-up CNG MRUs

24 Mar 2021 Evaluate

Confidence Petroleum (CPIL) has bagged another contract for setting-up CNG MRUs (Mobile Refueling Units) on built & operate basis from Central U.P. Gas (CUGL) besides the earlier contracts from Maharashtra Natural Gas (MNGL), Pune & Avantika Gas (AGL), Indore. CUGL is a Joint Venture of GAIL & Bharat Petroleum Corporation (BPCL).This will ease distribution of CNG fuel in the geographical area.

The company bagged these prestigious CNG MRU contracts because of its techno-commercial expertise. With the award of CNG MRU contract by CUGL, CPIL has spread its wings in three States of country viz. Maharashtra, Madhya Pradesh & Uttar Pradesh in CNG business.

Confidence Petroleum India affirm setting-up of CNG MRUs in entire India with the association of Gas Distribution companies & PSU oil companies to make available the clean, cheap, sustainable & Green fuel in all the States of the country to alleviate pollution, a step towards materializing the plans of our Government for gas based economy.Confidence Petroleum is an India-based manufacturer of liquefied petroleum gas (LPG) cylinders for domestic, as well as commercial use. The Company is engaged in the sale of cylinder, LPG bottling, and filling/DPT/transport.

Confidence Petroleum is an India-based manufacturer of liquefied petroleum gas (LPG) cylinders for domestic, as well as commercial use. The Company is engaged in the sale of cylinder, LPG bottling, and filling/DPT/transport.

Confidence Petroleum Share Price

84.00 -0.95 (-1.12%)
28-Mar-2024 16:01 View Price Chart
Peers
Company Name CMP
GAIL India 181.50
Petronet LNG 262.10
Linde India 6409.35
Confidence Petroleum 84.00
Refex Industries 133.80
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