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Confidence Petroleum India Ltd has launched its Go Gas commercial and domestic cooking gas cylinder business in Chennai. The BSE-listed company is among the largest manufacturers of LPG cylinders. It also operates a chain of LPG auto gas stations. The company has launched 15-kg gas cylinders in Chennai for commercial and domestic segments. Commercial users will pay Rs 1,200 a cylinder and domestic users, Rs 1,000.
The company plans to introduce a wide range of cylinder sizes starting from 4 kg and going up to 21 kg, according to Manish Umale, General Manager Marketing. Confidence will focus on any-time delivery and also introduce standby cylinders for people waiting a refill from public sector gas companies. Go Gas is present in Nagpur and, by March 2014, will be rolled out in 12 cities. 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.
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