The company submitted the same to SEBI on 25 February 2021.
The SEBI vide their mail dated 26 February 2021 has extended the tenure for subscription and conversion of warrant by further 2 weeks from the extension granted vide SEBI email dated 29 January 2021 i.e. till 14 March 2021.
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From Aavantika GasConfidence Petroleum India has bagged a contract for setting-up CNG MRUs from Aavantika Gas, a joint venture of GAIL (India) and Hindustan Petroleum Corporation, the first MRU for doorstep distribution of CNG
fuel in the geographical areas of Indore, Gwalior & Ujjain on built & operate basis.
CPIL is the only Company that has been awarded the project based on their extensive Techno-Commercial experience and expertise.
By implementation of CNG MRU concept, customers can avail CNG fuel at their doorstep without
waiting at fueling stations. Confidence Petroleum India affirm setting-up of CNG MRUs in
India with the association of Gas Distribution companies & PSU oil companies to make sustainable,
Confidence Petroleum India Ltd bags contract for setting up CNG MRU from Avanitka Gas Ltd
Posted On: 2021-02-04 03:57:54 (Time Zone: Arizona, USA)
Confidence Petroleum India Ltd. (CPIL) have bagged the contract for setting-up CNG MRUs from Aavantika Gas Limited, a Joint Venture of GAIL (India) Limited & Hindustan Petroleum Corporation Limited (HPCL), the first MRU for doorstep distribution of CNG fuel in the geographical areas of Indore, Gwalior & Ujjain on built & operate basis.
CPIL is the only Company that has been awarded the project based on their extensive TechnoCommercial experience and expertise. By implementation of CNG MRU concept, customers can avail CNG fuel at their doorstep without waiting at fueling stations. Confidence Petroleum India Limited affirm setting-up of CNG MRUs in India with the association of Gas Distribution companies & PSU oil companies to make sustainable, clean, cheap & Green fuel available in all states of the country to alleviate pollution,