Petronet LNG Limited, one of the fastest growing world-class companies in the Indian energy sector, has set up the country's first LNG receiving and regasification terminal at Dahej, Gujarat, and another terminal at Kochi, Kerala. While the Dahej terminal has a nominal capacity of 15 MMTPA, which is being expanded to 17.5 MMTPA, the Kochi terminal has a capacity of 5 MMTPA. The company is also exploring suitable opportunities within and outside India to expand its business presence.
The Company had set up South East Asia's first LNG Receiving and Regasification Terminal with an original nameplate capacity of 5 MMTPA at Dahej, Gujarat. The infrastructure was developed in the shortest possible time and at a benchmark cost. The capacity of the terminal has been expanded in phases which is currently 15 MMTPA and the same is under expansion to 17.5 MMTPA. The terminal has 6 LNG storage tanks and other vaporization facilities. The terminal is meeting around 40% of the total gas demand of the country.
Petronet LNG ranked 64 in BW500
17-Nov-2011
The Businessworld magazine in its October issue published BW Real 500 rankings for non-financial companies of India based on the sum total income and total assets for the FY 2010-11 and Petronet LNG is ranked 64 which is 13 positions higher than previous year ratings. We are also ranked 17 among Public Sector companies of India. These ratings are just not indicators of top line or bottom line growth but also throw a significant light on Return on Capital Employed (RoCE), Return on Assets (RoA), the reserve and surplus scenario and debt-equity ratio of the concern.Source: Businessworld
