Bhagawati Gas Share Price

Established in 1994 as a trader, Bhagwati Gas Limited (BGL) initially focused on supplying liquid oxygen to Hindustan Copper Limited (HCL) for its copper smelter operations. To meet increasing demand, Company set up a stateoftheart 50 TPD (1600 m3/hour) oxygen plant at Khetrinagar, Rajasthan, with technology imported from Hitachi, Japan. The plant commenced commercial production in August 1988.In 1995, BGL expanded its capacity by installing a 120 TPD (3400 m3/hour) oxygen plant sourced from Air Liquide, France. Since then, Company became a reliable supplier of oxygen gas to HCL through a dedicated 1.5 km pipeline. Additionally, BGL diversified its offerings to include liquid oxygen, medical oxygen, nitrogen, and argon, which are supplied to various customers in bulk using Vacuum Insulated Transport Tanks (VITTs). In 1998, BGL entered into a longterm agreement with Air Liquide North India Pvt. Ltd., a subsidiary of Air Liquide, France, for the supply of surplus liquid oxygen, nitrogen, and argon after fulfilling the requirements of HCL. BGL signed a Memorandum of Understanding (MoU) with Rotor1 Limited, Russia, to bid for an Oil and Natural Gas Corporation (ONGC) tender. The project involved lowfrequency passive seismic surveys forhydrocarbon detection in Gujarats South Kadi Area. The project was executed, through the technical expertise and global partnerships.During year 200607, only one plant of 50TPD was operated. The other plant was dismantled for shifting to Bhandara (Maharashtra). New gas plant having capacity to generate 700 NM3 per hour got commissioned at Khetrinagar on February 15, 2008. The Companys oxygen plants at Khetri Nagar, Rajasthan remained closed because its main supplier Hindustan Copper Ltd (HCL) had not yet restarted its smelter plant operation. This resulted in huge financial losses to the Company during year 201314. BGL has evolved into a diversified group with expertise in manufacturing, wastewater treatment, renewable energy, contracting, and international trading. Its manufacturing division specializes in atmospheric industrial gases from large tonnage air separation plants, FRP pipes, and composite products.The Company has achieved progress in wastewater bioremediation, treating polluted water bodies such as lakes and industrial wastewater from sectors like chemicals, agrochemicals, leather, pharmaceuticals, textiles, and electroplating. With over three decades of experience, BGL has established itself as a pioneer in the bioremediation of wastewater and restoration of polluted water bodies. In 2024, BGL entered into an agreement with a leading Korean company to market medical oxygen plants in India, enhancing its portfolio and expanding its footprint in the healthcare sector.