Positron Energy Limited was originally registered in the name of ‘Positron Energy Private Limited’ and received a certificate of incorporation dated February 15, 2008 from the Registrar of Companies, Gujarat, Dadra and Nagar Haveli under The Companies Act, 1956. Later on, the company was converted into a Public Limited Company pursuant to shareholders resolution passed at Extra-ordinary General Meeting of the company held on December 23, 2023 and the name of the company was changed to ‘Positron Energy Limited’. A fresh Certificate of Incorporation consequent upon conversion from Private Limited Company to Public Limited Company dated January 02, 2024 was issued by the Registrar of Companies, Ahmedabad.
The company is engaged in Management & Technical Advisory Services of Oil and Gas Industry. It provides end to end solutions for Gas distribution to the Industries across India. It provides Management Consultancy Services like commercial and financial advisory, technical services including Project Management and O&M (Operation and Management) Services, across the Gas Sector in India. Its technical qualifications and empanelment with most industrial customers attest to its reliability and competence. Moreover, distribution of Natural gas is facilitated through common carrier pipeline networks operated by major public and private sector players in the Indian market.
The company is an ISO 9001:2015 and ISO 45001:2018 certified company. The quality certification is towards providing consultancy services, O&M services to the Oil & Gas sector. It has in-house capabilities to deliver a project from conceptualization to completion with fast turnaround time from acquisition to launch to completion, which focuses on de-risking and improving return on investment. Its core competence lies in professional management and attracting and retaining talent to maximize value creation.
Business area of the company
The company is engaged in management consultancy, sale of CBM Gas/Natural Gas and other allied services and activities.
History and milestones
- 2008: The company was incorporated as a private limited company under the name ‘Positron Energy Private Limited’
- 2019: The promoters commenced the aggregation business of Coal Bed Methan Gas (CBM) for supplying to industrial unit.
- 2021: The company diversified into the Gas Aggregation and Distribution segment and entered into collaboration agreements with ICOM North America LLC (USA) for development and marketing of dual fuel systems in India
- 2023-2024: The company has achieved a Milestone of Rs 80.00 crore revenue from operations for eight months ended on November 30, 2023 on consolidated basis.
- 2024: The company was converted into Public Limited Company under the name of ‘Positron Energy Limited’.