Confidence Petroleum India has introduced its Go Gas commercial and domestic cooking gas cylinder business in Chennai, by launching 15-kg gas cylinders in Chennai for commercial and domestic segments. For this cylinder, commercial users will pay Rs 1,200 a cylinder and domestic users, Rs 1,000. Currently, it operates a chain of LPG auto gas stations and has presence in Nagpur.
The company is likely to introduce a wide range of cylinder sizes starting from 4 kg and going up to 21 kg. It will focus on any-time delivery and also introduce standby cylinders for people awaiting refill from public sector gas companies. It has three bottling plants in Tamil Nadu in Chinglepet, Madurai and Coimbatore. It has tied up with IOC-Petronas for long-term supply of LPG.
| Company Name | CMP |
|---|---|
| Redington | 234.90 |
| Adani Enterprises | 2218.35 |
| Amrapali Industries | 17.53 |
| Rashi Peripheral | 455.25 |
| PDS | 301.45 |
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