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Confidence Petroleum India joins forces with BW LPG

19 Feb 2024 Evaluate

Confidence Petroleum India (CPIL) and Norway-listed BW LPG, a leading LPG shipping & LPG trading company, have joined forces, aligning their business goals to strengthen LPG terminal infrastructure and downstream operations across India.

Confidence Group is a fully integrated LPG & CNG Company, established in 1993 with a vision to ensure access to green and clean fuel to every citizen & commercial entity across India. The Group has evolved into one of India's premier private players in LPG industry with significant footprint in industrial, automobile, and domestic retail spaces. Confidence Petroleum stands as India's largest private sector LPG bottling company, operating 68+ bottling plants and boasting a network of 250+ Auto LPG dispensing stations nationwide.

The company retails packaged gas under its brand ‘Go Gas’ and operates through a network of 2000+ dealers. Expanding its footprint, CPIL is venturing into the CNG business with around 35 CNG stations in Bangalore in partnership with GAIL. It also owns 3 CNG cylinder manufacturing units through its subsidiary and manages its fleet of 600+ LPG vehicles for transportation across India. Confidence group has recently announced its upcoming project of High Tech German Technology Type 4 High Pressure Cylinder manufacturing unit at Nagpur.

Confidence Petroleum India 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

52.00 -0.67 (-1.27%)
20-Apr-2026 10:01 View Price Chart
Peers
Company Name CMP
Redington 229.35
Adani Enterprises 2222.10
Amrapali Industries 17.53
Rashi Peripheral 478.75
PDS 294.20
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