Torrent is the third large corporate house from Ahmedabad to foray into city gas distribution business — the others being Adani Group, and Cadila Pharma Group. Hindustan Petroleum Corp Ltd and Gujarat Gas won rights for one city each while Green Gas got licences for two and Maharashtra Natural Gas Ltd that for three. Mahesh Resources is a very small company, but it will allow us to enter the new business. The organization is intimately knowledgeable and possesses a deep understanding of how to create opportunities for incremental present and future growth. Essel Infraprojects Ltd has put in seven bids. However, Adani had ultimately emerged the winner.
We make a diligent effort to surround our organization with vendors and people that share our same level of honor, pride, and enthusiasm to produce results. Opportunity to interact and work closely with senior professionals enable the budding talent to get hands on experience on work related matters. The company has 3 directors and 2 reported key management personnel. Only Indian Oil Corp bid for Aurangabad in Bihar and Rewa in Madhya Pradesh. The longest serving directors currently on board are Harnish Jayantilal Patel, Deepak Dalal Narottamdas and Raj Kumar Goel who were appointed on 03 May, 2018. Our Mission: Value creation through the acquisition and exploitation of challenging, mature, legacy properties.
Also, the entities have committed to provide 2. We are committed to being responsible in our efforts in producing oil and gas. Adani Gas on its own bid for 32 cities. They have been on the board for 1 years and 2 months. Holistic development of our employees is of prime importance for us. Our units also house recreation club, sports complex, medical units, etc. Mahesh Resources had won authorisation for the Pune rural geographical area in May 2015.
Mahesh Gas Limited was incorporated on 03 March, 2015. This includes the safety of not only our employees, but also the people and environment that surround us. In total, the company is connected to 13 other companies through its directors. Harnish Jayantilal Patel has the largest number of other directorships with a seat at a total of 12 companies. As many as eight cities received single bids.
In our view, this market presents unique opportunities to find and generate great value from underutilized assets. Aspects like right exposure, freedom at work, unmatched leadership and the opportunity to grow at a rapid pace help us to unleash the full potential of our employees. Adani Gas on its own bid for 32 cities. Bidding for the round closed on 10 July, in which 174 districts in 22 states and Union Territories were clubbed into 86 permits. Various social events and celebrations are organized periodically to add to the charm of life at Torrent. The company is set to acquire stake in Mahesh Resources, which is setting up a gas distribution network in Pune.
. Our work is centered around our strategy to reinvigorate assets with new technologies, new people and an entrepreneurial spirit. These programs are conducted on a regular basis to enhance technical, managerial as well as behavioural skills of our employees and to enable and empower them to take appropriate and correct decisions. Gujarat-based Torrent Gas Pvt Ltd bid for 31 cities while Gujarat Gas Ltd put in offers for 21 areas. At present, the company is in the process of setting up the infrastructure in the city.
Gujarat-based Torrent Gas Pvt Ltd bid for 31 cities, while Gujarat Gas Ltd put in offers for 21 areas. At Torrent, this is the core philosophy that drives all our employee oriented activities and initiatives. The present round will double the city gas coverage. Our area of operations is primarily focused within the Gulf Coast region. If you have any interest or questions regarding Torrent Oil, owner or investor relations, please feel free to contact us! He graduated with a Bachelor of Science from Louisiana State University and has a Master of Business Administration with a concentration in Finance from The University of Houston. We are proud to provide a positive and exciting presence within the energy sector. Every Torrentian is entrusted with challenging, interesting and motivating assignments that make them think out of the box.
Also, as per our records, its last balance sheet was prepared for the period ending on 31 March, 2017. As many as 86 cities were offered in the bid round but results of two have been withheld pending legal challenge mounted by certain bidders. . . .
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