MUMBAI: India’s top gas importer Petronet LNG will invest ₹187 billion over five years to expand infrastructure as well as business, said a senior official from the company.
The company has planned a ₹67 billion budget to expand its 17.5-million-tonne per annum (mtpa) Dahej terminal on the West coast to 22.5 mtpa, building a new jetty and Liquefied Natural Gas (LNG) tanks at Kochi terminal and a new terminal on the East coast. Of this, it will spend ₹44.5 billion on the Dahej terminal; ₹7 billion on the Kochi terminal, and ₹15.4 billion on the proposed East coast terminal.
