Confidence Petroleum Limited, a listed company headquartered in Nagpur, has received a ₹250 crore investment from Norwegian company BW LPG. The investment will support Confidence as it expands its capacity in LPG downstream assets. Confidence plans to set up a LPG storage terminal at Jawaharlal Nehru Port Trust, which will be the largest in the country. After the investment, Confidence aims to expand its network of auto LPG and CNG retail stations and bottling units.
Nagpur s Confidence Petroleum secures Rs 250 cr investment from Norway firm for expansion
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