Pune Gas, a player in the LPG solutions sector, has revealed its strategic entry plans into the Sri Lankan market by establishing a joint venture named Lanka Gastech in partnership with the 3DH Group of Sri Lanka. This move is driven by the need for eco-friendly energy solutions within the industrial and commercial domains of Sri Lanka, reflecting Pune Gas’s commitment to addressing the growing demand for sustainable energy solutions in the region.
Pune Gas, with a three-decade legacy, is focused to deliver customer-centric services and optimizing logistics for timely product delivery. With a strong sustainability focus, their joint venture with 3DH Group aims to revolutionize Sri Lanka’s energy sector. 3DH Group, a dynamic player in diverse industries, brings innovative solutions to the partnership. Together, they aspire to make a significant impact, harmonizing experience, sustainability, and efficiency for a robust presence in the Sri Lankan energy landscape.
Jesal Sampat, the Executive Director of Pune Gas, emphasized the intrinsic connection between the company’s expansion endeavors and its focus on delivering sustainable and cutting-edge gas solutions in Sri Lanka. With a vision to foster growth and prosperity in the Sri Lankan market, Pune Gas eagerly anticipates playing a significant role in contributing to its advancement and success.
The company is actively engaged in harmonizing its operations with local regulations, fostering a collaborative partnership with the regulatory authorities in Sri Lanka. This collaborative effort ensures that Pune Gas not only meets but exceeds the compliance standards set by the Sri Lankan regulatory framework, demonstrating their adherence to ethical and responsible business practices in the region.
The collaborative venture is set to launch a diverse array of Liquid Petroleum Gas (LPG) solutions specifically designed for the Sri Lankan market. The primary emphasis will be on facilitating the transition of various applications from conventional oil and diesel sources to more eco-friendly LPG.
Dinuk Hettiarachchi, the chairman of 3DH International Group, enthusiastically endorsed the initiative, expressing his excitement about embarking on a new business venture. He emphasized the exhilarating nature of commencing a fresh enterprise and highlighted his commitment to addressing a discernible gap in the implementation of effective fuel solutions within regional industries.
Moreover, Mr Hettiarachchi observed a significant deficiency in the application of efficient fuel solutions within regional industries and proposed a collaborative effort between his company and Pune Gas. Together, they aim to pioneer sustainable solutions that not only contribute to environmental advantages but also enhance energy efficiency. This collaborative endeavor is envisioned to foster innovation within the LPG sector, positioning both entities as leaders in the pursuit of cutting-edge solutions for a more sustainable and energy-efficient future.
Pune Gas has undertaken a strategic initiative to broaden its operational horizons by venturing into the Sri Lankan market, a move underpinned by exhaustive market research delving into demand patterns, regulatory frameworks, and the intricate dynamics of the competitive landscape. This expansion marks an important step in the company’s strategy, aiming to leverage its proficiency in downstream LPG solutions.
The goal is to facilitate the transition of industrial and commercial users in Sri Lanka towards embracing more sustainable energy alternatives. The decision is grounded in a comprehensive understanding of the market nuances, ensuring that Pune Gas is well-equipped to meet the evolving energy needs of the Sri Lankan market while simultaneously aligning with the company’s vision to environmentally conscious practices.
In Sri Lanka, the company places a strong emphasis on providing customer-centric services and implementing efficient logistics and supply chain management practices to guarantee the punctual delivery of products. Through this collaborative venture, Pune Gas seeks to capitalize on its extensive three-decade experience and dedicated focus on sustainability, aiming to exert a substantial influence on the energy sector in Sri Lanka.
