H-Energy Pvt. Ltd, a unit of real estate group Hiranandani, will begin operations at its LNG terminal in Maharashtra by May 2018.<\/p>\n
\u201cWe have already laid a 60 kilometre pipeline connecting our plant to the Jaigarh port,\u201d Darshan Hiranandani, managing director and CEO of H-Energy, told Reuters.<\/p>\n
USD$261m investment<\/strong><\/p>\n H-Energy has invested 17bn rupees (USD$261m) to build its 4 million tonnes per annum (mtpa) regassification terminal near Jaigarh Port, Mr Hiranandani said.<\/p>\n He added his firm would initially import spot cargoes to make the fuel affordable to Indian customers.<\/p>\n India plans to raise the share of natural gas in its energy mix to 15% in three years from the current 6.5%, according to a plan set out by Prime Minister Narendra Modi\u2019s government.<\/p>\n Expansion<\/strong><\/p>\n The company aims to expand the plant to 10m tonnes per annum (mtpa), Mr Hiranandani said.<\/p>\n Before beginning the phase of expansion, the CEO said the company wanted to first build a 600km pipeline to connect its plant in Mangalore.<\/p>\n Other LNG projects in India include a 5 mtpa terminal at Ennore on the eastern coast and a 5 mtpa terminal at Mundra in Gujarat in the west.<\/p>\n H-Energy is also building another LNG terminal off the coast of Kolkata in the Bay of Bengal. The construction for the 2 mtpa plant will begin next year, said Mr Hiranandani.<\/p>\n","protected":false},"excerpt":{"rendered":" A new liquefied natural gas (LNG) terminal will help boost India\u2019s share of natural gas.<\/p>\n","protected":false},"author":8,"featured_media":5427,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[18],"tags":[],"sponsor":[],"class_list":["post-5426","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-alternative-fuels-greenport"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.portstrategy.com\/coastlink\/wp-json\/wp\/v2\/posts\/5426","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.portstrategy.com\/coastlink\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.portstrategy.com\/coastlink\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.portstrategy.com\/coastlink\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/www.portstrategy.com\/coastlink\/wp-json\/wp\/v2\/comments?post=5426"}],"version-history":[{"count":1,"href":"https:\/\/www.portstrategy.com\/coastlink\/wp-json\/wp\/v2\/posts\/5426\/revisions"}],"predecessor-version":[{"id":5428,"href":"https:\/\/www.portstrategy.com\/coastlink\/wp-json\/wp\/v2\/posts\/5426\/revisions\/5428"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.portstrategy.com\/coastlink\/wp-json\/wp\/v2\/media\/5427"}],"wp:attachment":[{"href":"https:\/\/www.portstrategy.com\/coastlink\/wp-json\/wp\/v2\/media?parent=5426"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.portstrategy.com\/coastlink\/wp-json\/wp\/v2\/categories?post=5426"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.portstrategy.com\/coastlink\/wp-json\/wp\/v2\/tags?post=5426"},{"taxonomy":"sponsor","embeddable":true,"href":"https:\/\/www.portstrategy.com\/coastlink\/wp-json\/wp\/v2\/sponsor?post=5426"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}