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Bhagyanagar Gas Limited (BGL)
BGL was incorporated to implement CGD projects in Andhra Pradesh. As on 31st March, 2014, BGL was operating 29 CNG stations including 24 Daughter stations, 2 Online stations and 3 Mother stations.
Further, BGL supplied PNG to over 2100 domestic, 34 commercial and 2 industrial consumers in its authorized geographical region. BGL is also catering to fuel requirement of around 20,650 CNG vehicles operating in the region. GAIL has 22.5% stake amounting to investment of Rs. .01 Crores in the Company, along with HPCL as equal partner.
Total revenue of the Company for 2013-14 was Rs.104.99 Crores and Profit After Tax was Rs.14.99 Crores.
To make BGL an unparalled natural gas distribution company, providing economically cheaper, eco-friendly alternative fuels to transport, domestic, commercial and industrial sectors with the objective of safeguarding the environment by bringing down pollution levels in the State of Andhra Pradesh, India.
CNG & City Gas Distribution in various cities of Andhra Pradesh. To start with Hyderabad-Secunderabad, Vijayawada and Kakinada. To provide safe, convenient and reliable gas supply to our customers in transport, domestic, commercial and industrial sectors.