Project News Detail
| Project No : | 202773 |
|---|---|
| Project Title : | Petregaz India Commissions Rs 600-cr LPG Import and Storage Terminal |
| Company Name : | Private Company |
| Project Detail : | Petregaz India, a subsidiary of Petredec Group has commissioned its new LPG import and storage terminal which has been set up at a cost of Rs 600 crore. The facility will enable the company specialising in storage and large-scale distribution to deliver cost-effective solutions to LPG marketers and bottlers. With an annual capacity of over 1.5 million tonne, the terminal also has two refrigerated storage tanks, a modern jetty capable of berthing all types of LPG vessels, 16 truck loading bays among others. The new facility by virtue of being located within the Adani Krishnapatnam Private Port at Krishnapatnam in Andhra Pradesh, would benefit private marketers as well as residential, commercial, industrial, and automotive clients. The facility offers road connectivity to remote areas of Tamil Nadu, Telangana, Karnataka, and Andhra Pradesh. The government-run oil companies can utilise its terminal's capacity to improve LPG supplies in the hinterland, optimise logistics and strengthen India's LPG landscape. Petredec Group is an integrated LPG company which owns and operates a modern fleet of 35 LPG carriers. It has a presence in the LPG downstream sector with three LPG import terminals in the Indian Ocean. |
| Project Location : | Multi Location (Multi State) - Multi State - India |
| Project Estimation : | Refer Document |
| Status : | Announced |