Deals27 Jun 2025, 12:57 pm
Confidence Petroleum India Ltd Secures Bottling Assistance Contracts from Leading PSUs Worth Rs. 42.09 Crore
AI Summary
Confidence Petroleum India Limited has been awarded bottling assistance contracts from Bharat Petroleum Corporation Limited (BPCL), Hindustan Petroleum Corporation Limited (HPCL), and Indian Oil Corporation Limited (IOCL). The contracts are for a period of 10 years for BPCL and HPCL, and 3 years for IOCL, with a total worth of Rs. 42.09 Crore. The company has also been shortlisted for a tender issued by IOCL for Sarangpur and is expected to receive the Letter of Intent (LOI) shortly. These agreements highlight the company’s operational capabilities, nationwide infrastructure, and proven track record in safe and efficient LPG bottling.
Key Highlights
- Confidence Petroleum India Ltd secures bottling assistance contracts from BPCL, HPCL, and IOCL.
- The contracts are worth Rs. 42.09 Crore in total.
- The contracts are for a period of 10 years for BPCL and HPCL, and 3 years for IOCL.
- The company has been shortlisted for a tender issued by IOCL for Sarangpur and is expected to receive the LOI shortly.
- These agreements highlight the company’s operational capabilities, nationwide infrastructure, and proven track record in safe and efficient LPG bottling.