### **Company Overview** Confidence Petroleum India Limited (CPIL) is a fully integrated private-sector player in India’s LPG (Liquefied Petroleum Gas) and CNG (Compressed Natural Gas) value chain, operating across manufacturing, import, bottling, logistics, and retail distribution. Founded in 1994, CPIL is listed on both the BSE and NSE and has grown into one of India’s most significant independent energy infrastructure companies. The company operates under the **'GoGas'** brand and is strategically positioned to capitalize on India's growing demand for clean, affordable, and sustainable energy solutions. --- ### **Core Business Segments** CPIL’s operations are diversified across multiple energy verticals: #### 1. **LPG Cylinder Manufacturing** - **Capacity & Scale**: CPIL operates **15 LPG cylinder manufacturing units** across India (13 owned, 2 leased), making it **one of the largest private-sector LPG cylinder manufacturers** in the country. - **Clients**: Supplies to all major PSU oil marketing companies — **HPCL, BPCL, IOCL** — as well as private players like **Reliance Industries**. - **Product Range**: Domestic (2kg–19kg), commercial (33kg), and industrial (425kg LOT cylinders for bulk use). - **First-Mover Innovation**: Launched **India’s first fiber-body composite 'GoGas Elite'** cylinder and is investing in **Type 4 high-pressure composite cylinders** made with carbon fiber and polymer liner technology. #### 2. **LPG Bottling & Distribution** - **Infrastructure**: Operates **68+ LPG bottling plants** nationwide — the **largest private-sector LPG bottler** in India. - **Clients**: Bottles for both its **own 'GoGas' brand** and third-party clients including HPCL, BPCL, IOCL, and Reliance. - **Expansion Plan**: Aiming to increase bottling plants from 68 to over 75 (target: 100 by 2027), particularly to support rising demand under Ujjwala 2.0 and industrial growth. #### 3. **Packed & Bulk LPG Business** - **Brands**: 'GoGas' and 'GoGas Elite' across 2kg to 425kg cylinders. - **Retail Model**: Serves **households, HoReCa (Hotels, Restaurants, Cafes), street vendors (Chota Bunty – 2kg & 4kg), and industrial users**. - **Direct-to-Customer (D2C)**: Expanding to large-scale **institutional, industrial, and HoReCa clients** for faster and customized delivery. - **Rural Penetration**: Launched **Janta Cylinder Yojna (JCY)** to enhance access in **Taluka-level rural markets** with small cylinders. #### 4. **Auto LPG & Retail Fuel Stations** - **Network**: Operates **287 Auto LPG Dispensing Stations (ALDS)** across multiple states. - **Low Capex, High ROI**: ALDS require **lower capital investment** than petrol pumps with **payback under 18 months**. - **Expansion**: Actively scaling up with plans for **500+ Auto LPG stations** within three years. - **Strategy**: Exploring **LPG retrofitting initiatives** to convert petrol/diesel vehicles and boost clean mobility adoption. #### 5. **CNG Retailing** - **Partnership**: Master Agreement with **GAIL Gas India Ltd** to set up **100 CNG stations in Bengaluru**. - **Progress**: Over **45 CNG outlets operational**, with the rest under active development. - **Expansion**: In discussions with other **City Gas Distribution (CGD)** companies to expand into new cities. - **Future Vision**: Positioned to benefit from the national target of **10,000 CNG stations**, targeting sustainable long-term margins. #### 6. **LPG & CNG Cylinder Innovation** - **Type 4 Cylinder Project**: Investing in a **high-pressure Type 4 composite cylinder manufacturing unit in Butibori, Nagpur**, via subsidiary **Silversky Exim Pvt Ltd**. - **Advantages**: 70% lighter, 3x gas capacity, corrosion-resistant, shatterproof, and safer than metal cylinders. - **Applications**: CNG, Hydrogen, Nitrogen — aligning with India’s green energy transition. --- ### **Import & Logistics Infrastructure** - **Direct Imports Since May 2022**: Imports LPG from **Middle East refineries**, reducing trader dependence and securing **better prices and supply stability**. - **Vessel Chartering**: Time-chartered **two LPG vessels** and established **direct refinery tie-ups** for supply chain control. - **Storage & Terminals**: - **BW Confidence Enterprise Pvt Ltd**: A 50:50 JV with **BW VLGC (Norway)** to develop **India’s largest onshore LPG import terminal** at **Jawaharlal Nehru Port (JNPA), Navi Mumbai**. - Terminal capable of handling **93,000 cbm VLGCs**, with future linkage to the **Uran-Chakan cross-country pipeline** for inland supply. - **Fleet**: Owns **690+ dedicated LPG road tankers and trucks**, one of the largest private logistics fleets in India. - **Port Storage**: Secured **temporary port-based storage** to manage import fluctuations and ensure uninterrupted supply. --- ### **Strategic Partnerships & Investments** - **With BW LPG (Norway)**: - **₹250 crore strategic investment** (8.5% stake) in CPIL. - JV **BW Confidence Enterprise Pvt Ltd** to build LPG terminal and enhance import scalability. - Leverages BW’s global VLGC expertise for efficient logistics. - **With GAIL Gas**: - Agreement to **develop 100 CNG stations** in Bengaluru. - Fast execution capability, with over **40 already operational**. - **With PSU Oil Companies**: - Long-term contracts with **HPCL, BPCL, IOCL** for bottling and cylinders, reinforcing national infrastructure strength. --- ### **Subsidiaries & Group Structure** CPIL has a layered, integrated structure with key subsidiaries and JVs: - **Confidence Futuristic Energtech Ltd (CFEL)**: 62% owned subsidiary; backbone of group’s gas logistics; controls multiple GoGas JVs. - **BW Confidence Enterprise Pvt Ltd**: 50:50 JV with BW LPG for LPG import terminal. - **Banglore Go Gas, Mahalsa Go Gas, KR Go Gas**: 50% JVs under CFEL for city-level CNG distribution. - **Silversky Exim Pvt Ltd**: Developing Type 4 cylinder unit in Nagpur for CNG, hydrogen, and industrial gases. - **Confidence Enterprises Pvt Ltd**: Key subsidiary manufacturing high-pressure CNG cylinders; partnered with BPCL for 450 cascade units. - **Pt Surya Go Gas Indonesia**: Overseas presence, providing bottling services to Pertamina. --- ### **Innovation & Digital Transformation** - **Customer Initiatives**: - **'Gin ke Lo, Gin ke Do'** loyalty program — customers pay only for actual LPG consumed. - **Digital Tools**: Deployed **Salesforce, Lystloc, Runo** to automate sales, delivery, and operations. - **R&D Focus**: Investing in **Type 4 composite cylinders** and **green hydrogen compatibility**, positioning CPIL as a future-ready energy company.