New Delhi Petronet LNG, the country’s largest gas importer of liquified natural gas (LNG), is planning to raise around R4,500-5,000 crore over the period of next three years for its proposed terminal at Gangavaram Port in Andhra Pradesh. The company also intends to increase 5 million tonne additional capacity for it’s first terminal at Dahej.

“The gangavaram terminal project will have a capacity of 5 million tonne and is due to start operations in 2016. We are looking to raise around R4,500- 5,000 crore and in talks with various banks and financial institutions in India and abroad.