Confidence Petroleum India Ltd.

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Confidence Petroleum India Ltd has informed BSE that CONFIDENCE GO GAS LTD., a 100% subsidiary of Confidence Petroleum India Ltd. under its ambitious plan of setting up 250 Auto LPG Dispensing Stations throughout India has added more feathers to its cap by commissioning and starting Auto LPG Dispensing Stations (ALDS) at Sholapur in Maharashtra State & at Raichur in Karnataka State. Till now total 16 (Sixteen) Auto LPG Dispensing Stations have been commissioned and are available for customer service.

Confidence Petroleum India (CONFIPET) is engaged in the liquid petroleum gas (LPG) bottling business. It was incorporated in July 1994 as a private limited company and converted into a limited company in September 1994. Earlier known as Deversa Gas-Chem, it got its present name on Feb. 21, 2006. The company is part of the Nagpur-based Confidence group, which is into the business of LPG cylinder manufacturing, bottling, marketing, blending, auto cylinder manufacturing and auto dispensing.

The company manufactures cylinders and is engaged in LPG bottling and distribution. It has fully absorbed the LPG bottling technology at its plants spread across Udaipur and Pali in Rajasthan; Raigad and Patalganga in Maharashtra; Coimbatore in Tamil Nadu; Haridwar in Uttaranchal; Chindwara, Gwalior and Jabalpur in Madhya Pradesh.

A plant in Patalganga manufactures cylinders, and the Andhra Pradesh State Government allotted a 10-acre piece of land in 2008 within a Visakhapatnam special economic zone to establish a second CNG cylinder manufacturing plant.