According to the company’s exchange filing, the contracts cover LPG bottling volumes of 3 lakh cylinders for BPCL at Kollam, 1.2 lakh for HPCL at Trivandrum (both for a 10-year period), and 90,000 for IOCL at Murbad for a three-year term.
The company has also been shortlisted in an ongoing IOCL tender for Sarangpur, with a Letter of Intent expected soon.
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“These long-term agreements reinforce our leadership in LPG bottling and validate our operational capabilities and nationwide infrastructure,” Confidence Petroleum said in a statement.
At 1:51 pm, shares of Confidence Petroleum India Ltd were trading at ₹51.50 on the NSE, down 7.02%.
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