Description
PLL owns and operates India's first liquefied natural gas (LNG) import and regasification terminal, which started commercial operations on 9 April 2004. In the first phase, the terminal had a capacity of 5 million metric tons per annum (MMTPA). PLL imports LNG mainly from Ras Laffan Liquefied Natural Gas Company Limited (II) (Rasgas) in Qatar. PLL regasifies the LNG and sells to GAIL (India) Ltd., Indian Oil Corporation Ltd. (IOC) and Bharat Petroleum Corporation Ltd. (BPCL). GAIL, IOC, and BPCL in turn sell the gas to industrial end users. PLL has recently completed its expansion plan which has increased its capacity to 10 MMTPA. Read More
| Country |
India
|
| Borrower/Equity Investment Name |
PETRONET LNG LTD |
| Project Number |
39921-014 |
| Project Type or Modality of Assistance |
PS
|
| Financing |
Private sector (Nonsovereign) |
| Status |
Approved |
| Approval Number |
7245
|
| Approval Date |
30 Aug 2006 |
| Closing Date |
31 Dec 2010 |
| Geographical Location |
Dahej, Gujarat, India. |
| Sector / Subsector Classification |
Energy
/ Conventional Energy |
| Thematic Classification |
Economic growth
Environmental sustainability
Private sector development
|
| Safeguard Categories |
Environment: B
Resettlement: C
Indigenous People: C |
Results Delivered
| Installed energy generation capacity (megawatt equivalent) |
4,083 |
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