Confidence Petroleum India Limited (CPIL) has strengthened its commitment to sustainable mobility by commissioning five new CNG stations in Bangalore, increasing its total to 50 across the city.
As part of its ongoing partnership with GAIL (India) Limited, this expansion aims to accelerate Bangalore’s transition to cleaner and greener fuel alternatives. The strategic move supports the city’s growing demand for eco-friendly energy solutions and contributes to reducing vehicular emissions in one of India’s fastest-growing urban centers.
CPIL’s goal is to establish 100 CNG stations in Bangalore. With the milestone of 50 already achieved, the company is now halfway toward its target. This initiative mirrors the success of cleaner fuel adoption in cities like Delhi and Mumbai, where CNG infrastructure has played a key role in curbing air pollution.
The newly added stations are expected to improve access to clean fuel for both personal and commercial vehicles, enhancing convenience while promoting environmental responsibility.
Confidence Petroleum shares opened today at ₹60.63 and at the time of writing, touched a high of ₹61.30, while the intraday low stood at ₹59.81. The stock remains significantly below its 52-week high of ₹98.54, though above the 52-week low of ₹46.05.