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Petronet to Invest Rs. 6,690 Cr. in India Over Five Years

Indian Oil and Gas company, Petronet LNG has planned to invest Rs. 6,690 crore to expand its infrastructure in India over next five years.

On the West Coast, Petronet plans to expand 17.5 MTPA Dahej Terminal to 22.5 MTPA. Under phase-I, Dahej Terminal will be expanded to 20 MTPA by mid-2023. On the East Coast, Petronet is planning to build a new terminal at Gopalpur with 5 MTPA capacity. The Gopalpur Terminal is expected to be ready by 2025.

Petronet also has plans for a new jetty and LNG tanks at Dahej and Kochi.