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 state-of-the-art 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 long-term 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 Rotor-1 Limited, Russia, to bid for an Oil and Natural Gas Corporation (ONGC) tender. The project involved low-frequency passive seismic surveys for
hydrocarbon detection in Gujarat`s South Kadi Area. The project was executed, through the technical expertise and global partnerships.
During year 2006-07, 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 Company`s 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 2013-14.
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.
Bhagawati Gas share price as on 22 Mar 2026 is Rs. 2.32. Over the past 6 months, the Bhagawati Gas share price has increased by 0% and in the last one year, it has increased by 182.93%. The 52-week low for Bhagawati Gas share price was Rs. 0.79 and 52-week high was Rs. 2.32.
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 state-of-the-art 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 long-term 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 Rotor-1 Limited, Russia, to bid for an Oil and Natural Gas Corporation (ONGC) tender. The project involved low-frequency passive seismic surveys for
hydrocarbon detection in Gujarat`s South Kadi Area. The project was executed, through the technical expertise and global partnerships.
During year 2006-07, 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 Company`s 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 2013-14.
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.
Bhagawati Gas share price as on 22 Mar 2026 is Rs. 2.32. Over the past 6 months, the Bhagawati Gas share price has increased by 0% and in the last one year, it has increased by 182.93%. The 52-week low for Bhagawati Gas share price was Rs. 0.79 and 52-week high was Rs. 2.32.
