Bengal Gas Company Limited: History, Objective & BGCL Share/Stock Price
Bengal Gas Company Limited BGCL also known as Bengal Gas is a joint venture of Greater Kolkata supply Gas Limited and itself.
Introduction of Bengal Gas Company Limited: BGCL is also responsible for delivering gas supply to domestic, transport, and commercial sectors and projects.
To deliver CGD in various domestic urban and suburban areas. This company is responsible for manufacturing developing and distributing to various areas in Kolkata city.
History of Bengal Gas Company Limited
Bengal Gas Company Limited was set up on the 4th of January 2018 classified as the Union Government Company and registered as one of the registry companies of Kolkata.
The objective of Bengal Gas Company Limited
BCL’s main objectives are to provide a clean environment and cheap effective gas to various other sectors keeping the level of pollution in mind as well as PNG natural gas distribution rates and industries.
Some other key objectives of Bengal Gas Company Limited are –
- Development of CNG and PNG Corridors along the Pipeline
- Managing Energy Needs of Power and Fertilizer Plans
- Development of CNG and PNG Distribution Network
- Management of Refineries.
- Social economic development of Pipeline
- To Generate Employment through its network.
The vision of Bengal Gas Company Limited
Bengal Gas Company Limited wants to lie under the list of leading City Gas Distribution companies by managing different assets and providing services.
- To Construct, Design, and operate facilities and services
- Manage Health and Safety through Effective Environmental Control Vision.
- Regular Training in technologies
- To Share the HSE Policy with various employees and stakeholders.
- Provide review system and policy relevance
Like Adani Gas, Bengal Gas Company Limited also became popular in various cities of India time by time during the Covid it also provided various facilities and delivered gas to various rural areas and emerged as one of the greatest and most famous gas companies distribution of networks in Kolkata West Bengal India.
The annual General Meeting (AGL) of Bengal Gas Company Limited was held on 29th September 2021 with the Minister of Corporate Affairs.
Share Capital of Bengal Gas Company Limited
Bengal Gas Company Limited emerged as one of the Union Government Companies with an Authorized Share Capital of Rs 20, 000, 000, 000