Confidence Petroleum’s subsidiary company -- Confidence Futuristic Energetech has taken over 75% equity of Sarju Impex situated at Dahej SEZ in the state of Gujarat. The unit is operational and is engaged in the activity of manufacturing of high pressure oxygen and CNG cylinders.
The unit has the capacity to manufacture 1,80,000 high pressure oxygen and CNG cylinders per annum. The acquisition is also a major step towards the integration plans within the CNG value chain and assist the CGD companies to expand their a station network through cascades and ensuring availability of CNG cylinders for automobile vehicle. Ensuring green and clean fuel is within reach of every citizen.
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.
| Company Name | CMP |
|---|---|
| Redington | 234.90 |
| Adani Enterprises | 2218.35 |
| Amrapali Industries | 17.53 |
| Rashi Peripheral | 455.25 |
| PDS | 301.45 |
| View more.. | |
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