ABOUT THE COMPANY
XYZ COMPANY (India) Ltd. is one of the most outstanding public enterprises in the country today. It is one of the “NAVRATNA ENTERPRISES” and ranks among the top five companies in India. It is India’s flagship natural gas company, & integrated all aspects of the natural gas value chain (including Exploration and Production, Processing, Transmission, Distribution and Marketing) and its related services. In a rapidly changing scenario, XYZ COMPANY (India) is spearheading the move to a new era of clean fuel industrialization, creating a quadrilateral of green energy corridors that connect major consumption centres in India with major gas fields, LNG terminals and other cross border gas sourcing points. XYZ COMPANY is also expanding its business to become a player in International market & has completed nearly two and half decades of an eventful journey. Starting with a natural gas transmission company, it is today an integrated energy company along the natural gas value chain with global footprints. Having started as a gas transmission company during the late eighties, it grew organically over the years by building a large network of natural gas trunk pipelines covering a length of around 7000 Km. Today, XYZ Company has interests in the business of natural gas, LPG, liquid hydrocarbons and petrochemicals, the latter being value added products. The company has also entered in telecom sector by leasing bandwidth available through the OFC which is laid along the gas pipelines for their operations and maintenance. XYZ COMPANY has also diversified into exploration and production, city gas distribution and is steadily developing an overseas presence etc. XYZ COMPANY is one of the leading public enterprises with a consistently excellent financial track record. Turnover during the last ten years has shown a compounded annual growth rate of 13 percent. The company recorded a turnover of Rs 180.08 billion and a profit after tax of Rs.26.01 billion in FY 2007-08.The Company has also received authorization from the Ministry of Petroleum and Natural gas to lay 5 new pipelines and in addition, augmentation of 3 existing pipelines is also being taken up. This will lead to doubling of pipelines length and transmission capacity in the next 4 to 5 years.
VISION- Be a leading company in natural gas and beyond, with global focus, committed to customer care, value creation for all stakeholders and environmental responsibility.
MISSION- Accelerating and optimizing the effective and economic use of natural gas and its fractions to the benefit of national economy.
MAJOR BUSINESS SEGMENTS
• Natural gas
• Exploration and production
• LPG and other Liquid hydrocarbons
HISTORY OF THE ORGANISATION
XYZ COMPANY (India) Ltd., India’s principal gas transmission and marketing company, was set up by the Government Of India in August 1984 to create gas sector infrastructure for sustained development of the natural gas sector in the country. The 2800 Kms Hazira-Vijaipur (HVJ) pipeline became operational in 1991.During 1991-1993, three LPG plants were constructed and some regional pipelines acquired, enabling XYZ COMPANY to begin its regional gas distribution in various parts of India. XYZ COMPANY began its city gas distribution in Delhi in 1997 by setting up nine CNG stations, catering to the city’s vast public transport fleet. In 1999, XYZ COMPANY set up northern India’s only petrochemical plant in Pata. XYZ COMPANY became the first infrastructural provider category II Licensee and signed the country’s first service level agreement for leasing bandwidth in the Delhi-Vijaipur in 2001, through its telecom business XYZ COMPANYTEL. In 2001, XYZ COMPANY commissioned worlds longest and India first cross country LPG Transmission Pipeline from Jamnagar to Loni. XYZ COMPANY today has reached new milestone with its strategic diversification into Petrochemicals, Telecom and Liquid...
Please join StudyMode to read the full document