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Home > News > Petronet to raise R5,000 cr for LNG terminal > Petronet to raise R5,000 cr for LNG terminal

Petronet to raise R5,000 cr for LNG terminal [1]

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.

Publication Date: 
16/06/2012
Prashant Mukherjee [2]
Financial Express (New Delhi) [3]
Tags:
Liquefied Natural Gas (LNG) [4], Petrochemical Industry [5], Natural Gas [6], Gujarat [7], Ministry of Petroleum and Natural Gas [8], Energy [9]
Centre for Science and Environment
National Knowledge Commission Government of India

Technology Partners: MimirTech


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Source URL: http://admin.indiaenvironmentportal.org.in/news/petronet-raise-r5000-cr-lng-terminal

Links:
[1] http://admin.indiaenvironmentportal.org.in/news/petronet-raise-r5000-cr-lng-terminal
[2] http://admin.indiaenvironmentportal.org.in/category/author/prashant-mukherjee
[3] http://admin.indiaenvironmentportal.org.in/category/newspaper/financial-express-new-delhi
[4] http://admin.indiaenvironmentportal.org.in/category/thesaurus/liquefied-natural-gas-lng
[5] http://admin.indiaenvironmentportal.org.in/category/thesaurus/petrochemical-industry
[6] http://admin.indiaenvironmentportal.org.in/category/thesaurus/natural-gas
[7] http://admin.indiaenvironmentportal.org.in/category/thesaurus/gujarat
[8] http://admin.indiaenvironmentportal.org.in/category/thesaurus/ministry-petroleum-and-natural-gas
[9] http://admin.indiaenvironmentportal.org.in/category/thesaurus/energy