WGPL to set up state-of-the-art LPG bottling plant in Bihar
PATNA, India — Worthwhile Gases Private Limited (WGPL) has initiated the process of setting up its state-of-the-art LPG Bottling Plant at Village Gaddachak, Sanhaula, Bhagalpur with an installed capacity of 1,000 mt per month by doing a Bhoomi Pooja here today and the same was very well attended by its channel partners as well as the local public.
The company has also announced the commencement of its operations in Bihar and Jharkhand. WGPL already has an operational office in Patna and will shortly open its own offices in Ranchi. Refilled LPG cylinders to both the states will be supplied from this plant and it is expected to become operational by August 2017.
"Possibilities are immense. A yawning gap between demand and supply, clubbed with a drive to give up subsidies by the elite, have opened up avenues for parallel marketers,” said Akshay Jain, Managing Director, WGPL. “LPG is a highly subsidized commodity in India and the subsidy bill was a whopping Rs. 40,000 Crores during 2013–2014. If subsidies are ended, the same money can be used for development purposes. Moreover, it will provide a level playing field to the private players as well."
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