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 metric tons 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.
With the Ministry of Petroleum & Natural Gas, Government of India, strictly enforcing the Notification issued for the Liquefied Petroleum Gas (Regulation of Supply & Distribution) 2000 that prohibits the use of subsidised LPG cylinders for commercial purposes; there has been a scramble among varied business owners who rely on the use of LPG cylinders to meet their fuel demands to look elsewhere for a steady, reliable and regular supply of non-subsidised LPG. Heeding to the burgeoning demand, WGPL took it upon themselves to pitch and position itself as a ‘parallel marketer’, and it would be bottling and marketing its non-subsidised LPG under the brand name of ‘My Gas’ and it would be presented in 4 kg, 12 kg and 17 kg refillable cylinders.
Speaking about the prospects of the business, Mr. Akshay Jain, Managing Director, WGPL said, “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. LPG is a highly subsidized commodity in India and the subsidy bill was a whopping Rs. 40,000 Crores during 2013-14. 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.”
“Apart from this there’s a huge untapped grey market in LPG which can be organized by limiting the documentation and providing uninterrupted supply of gas,” added Mr. Jain. Mr. Jain said, “People should stop using cow dung, wood and coal for their heating purposes as this is causing umpteen health issues and destroying trees. When a person falls sick, the government is compelled to spend on their treatment. This is causing heavy financial losses to the state exchequer.
Another feather in our cap is that we are targeting the rural segment first. We are coming with the 4 kg segment that will be BIS approved and this will ensure the safety of people as lots of people are using the unapproved 2/3/4 kg LPG cylinders. In addition, we would be hiring and training local manpower only and thus generating a high level of employment in the state as this is a labor-intensive industry.”
With its high-quality product, uninterrupted supply and excellent customer service, WGPL is poised to turn anyone and everyone into an LPG consumer with their policy of adhering to stringent quality control, affordability and availability that will be delivered to the customer’s desired destination. About Worthwhile Gases Private Limited (WGPL) Worthwhile Gases Private Limited (WGPL) is in the field of non-subsidized domestic and commercial Liquefied Petroleum Gas (LPG), and is supplying its products under its registered brand name ‘My Gas’.
WGPL was incorporated in May 2014 and offers an efficient solution to bridge the conspicuous gap between demand and supply that exists in India of non-subsidized Liquefied Petroleum Gas (LPG). WGPL has the product and the technical expertise to provide LPG solutions right from the domestic consumer to giant multinationals. The company has grown with the fundamental belief of focusing on the needs of our clientele. WGPL is committed to better serving the needs of its clientele and seek to end the woes of both the domestic and commercial consumers as demand far outstrips supply in this segment.