About Matrix Gas And Renewables Limited
A Comprehensive Overview of Price & Journey
Understanding Matrix Gas And Renewables Limited Inception and Growth
Overview
The Matrix Gas mission is to establish ourselves as the preferred supplier of natural gas aggregation to Indian downstream customers and for that, a concrete plan is in place to source gas on a medium to long-term basis, ensuring a reliable and consistent supply for our customers' needs. It caters to the specific sourcing requirements of its clients, granting them the freedom to choose weekly or fortnightly supply terms and providing flexibility in intake or pay and LC requirements, as the company has expertise in developing flexible offtake contracts.
Matrix Gas & Renewables Limited is well positioned in India's energy landscape to contribute significantly to the country's growing energy demand, through a steady supply of natural gas from diverse sources at competitive prices, with a team of experienced professionals who bring deep expertise in the gas business in India, enabling us to provide reliable and innovative solutions for valued customers.
Promoted by a diversified group, including Gensol Engineering Ltd. and BluSmart Mobility, helps to have a solid foundation in the renewable energy and electric mobility sectors. Gensol Engineering specializes in solar EPC and O&M services, while BluSmart is India's first and leading EV ride-hailing service and EV charging superhub infrastructure operator.
Matrix Gas and Renewables Limited is a forward-thinking energy company specializing in natural gas and renewable energy solutions. The company's portfolio includes the production and distribution of natural gas, as well as investments in renewable energy sources such as wind, solar, and bioenergy. Committed to sustainability and innovation, Matrix Gas and Renewables focuses on providing cleaner energy alternatives to traditional fossil fuels. It aims to reduce carbon emissions and promote energy efficiency by leveraging cutting-edge technology and strategic partnerships.
Key Milestones
Matrix is emerging as fastest fastest-growing Digital Gas Aggregator in India with a portfolio of RLNG and domestic gas being sourced from majors like RIL, BP, ONGC, and Vedanta
Matrix has won prestigious Hydrogen EPC & BOO contracts from NHPC Ltd and National Chemical Laboratory, Pune
Matrix Gas has developed a Digital Gas aggregation business with volumes of 225 MMSCM till March’24.
Matrix has won Production Linked Incentives (PLI) from the Government of India (SIGHT) Scheme for Electrolyser Manufacturing.
Matrix has raised Rs. 350 Crore in the pre-IPO round.
Matrix has acquired Gasonet for its City Gas Distribution Business.
Business Model
Matrix Gas & Renewables Limited is now in the business of sourcing and marketing both natural gas and Regasified Liquefied Natural Gas (R-LNG).
Gas Aggregation: Matrix Gas sources natural gas on medium to long-term bases, offering solutions to Indian downstream customers. It provides flexible supply terms (weekly or fortnightly) and competitive pricing while addressing challenges in gas procurement and transportation.
Customer Benefits: The company provides many benefits to its customers like competitive gas prices, flexible contract terms, secure gas supply, and ideal contract durations, and manages the complexities of gas transportation and local tax structures.
Board of Directors
Mr. Anmol Singh Jaggi - Managing Director
Mr. Chirag N Kotecha - Whole-time Director
Mrs. Disha Kotecha - Non-Executive Director
Mr. Arun Menon - Independent Director
Mr. Gaurav Kharbanda - Independent Director
Key Customers
Aggregator
GSPC
Indian Oil
HP
Bharat Petroleum
Adani Gas
Shell
End User
Nestle
Modi Guard
OPAL
GSFC
Saint Gobain
Kajaria
Nayara Energy
Goodluck