Praveen Gangwani

Lexcel Group / Green Fuels Limited

Lexcel Group is a Conglomerate, employing over three thousand people, operates in Manufacturing, Marketing and Management Services. It's manufacturing industries cover – all types of Wines and Spirits, Non-alcoholic beverages, Alcohol, Agro Allied Products, Plastic components and Clean Energy. The Marketing company, sells and markets different FMCG products of own companies and also of others. Its Management Services wing provides advanced management consultancy for own companies and others. Lexcel Group / Green Fuels Limited (GFL) is in the business of supplying natural gas to Industries located in areas where piped natural gas is not available. GFL compresses the natural gas (CNG) and transports it using high pressure specially designed tube trailers. The company has two business divisions. Industrial Division Industrial Division supplies CNG to industrial consumers who use it with power generation and fuel needs. These customers use natural gas as a replacement of other fuels (petrol, diesel, etc) Automotive Division Automotive division plans to supply compressed natural gas for automotive use. GFL has tie-ups with manufacturer of conversion kits and is setting up state of the art workshop facilities to convert petrol and diesel vehicles to CNG. The company is setting up both self owned and franchise refueling station in Ogun State to supply CNG to converted vehicles. CNG is cheaper automotive fuel and also reduces environmental pollution. Green Fuels is set up in collaboration with Clean Energy Development Corporation CEDC. The operation is designed to exceed world class standard of safety. GFL system is in line with Nigeria Government's initiative to utilize Nigeria's vast gas resources and to reduce environmental pollution