Monday, October 13, 2025
  • Home
  • About us
  • Privacy policy
  • Advertise with us
  • Contact us
Fii News Logo
No Result
View All Result
  • Tenders
  • Projects
  • Markets
  • Manufacturing
  • Investment
  • Technology
  • Exports
Newsletter
  • Tenders
  • Projects
  • Markets
  • Manufacturing
  • Investment
  • Technology
  • Exports
Fiinews
No Result
View All Result
Home Investment

Tolled LNG for East Godavari

Fiinews by Fiinews
January 30, 2017
in Investment, Projects
Reading Time: 2 mins read
A A
0
0
SHARES
10
VIEWS
LinkedinShare on Twitter

Tolled LNG for East Godavari

AG&P will design and build all the required facilities for the LNG import terminal including a floating storage and mooring system, regasification terminal, related utilities for the provision of tolled gas to power plants and other users.
#Atlantic, Gulf and Pacific Company (AG&P) has signed a Memorandum of Understanding (MoU) #Hindustan LNG (HLNG) to supply tolled gas to power stations in the East Godavari region of Andhra Pradesh.

Under the agreement, AG&P will provide an integrated solution to deliver regasified LNG through a new LNG import terminal that AG&P will also design and build at the port in #Andhra Pradesh.

The MoU was signed at the Partnership Summit 2017 held 27-28 January 2017 in #Visakhapatnam.

The MoU has launched a fully integrated solution for delivering tolled gas in India, including design, construction, financing, operations and maintenance of the new terminal, which will ensure a reliable and low-cost supply to power producers, fertilizer plants, cold storage and other industries in Andhra Pradesh and other markets along the east coast.

Speaking at the signing ceremony in Andhra Pradesh on 28th January, 2017, Dr. C.R. Prasad, Chairman of HLNG said: “Andhra Pradesh is the ideal place for developing an LNG import facility to serve the growing energy demands of the east coast of India where existing gas-fired power projects urgently need a reliable supply of LNG. The partnership with AG&P will provide a strong platform to develop a fast-track and low-cost LNG import solution that enables the region to continue on its growth trajectory.”

AG&P will be responsible for designing and building all the required facilities for the import terminal, including a floating storage and mooring system, regasification terminal, related utilities and the provision of tolled gas to power plants and other users. AG&P will also carry out any necessary conversion works and, upon commissioning, ongoing operations and maintenance activities.

“It is a great privilege for AG&P to help implement India’s vision for clean, low-cost, flexible and reliable power. Andhra Pradesh is playing a critical role in manufacturing and trade. The state and its people are on a strong, upward trajectory. We see the provision of tolled gas to supply power and fuel to factories, homes and even transport in an environmentally clean way as crucial elements of Andhra Pradesh’s future. We are honoured to be a part of this exciting phase of the state’s development,” said Dr. Jose P. Leviste, Jr., Chairman of AG&P. fii-news.com

Tags: Andhra PradeshAtlanticEast GodavariGulf and Pacific CompanyHindustan LNG
ShareTweetShare

Related Posts

MEA
Projects

Project: India works on nature-positive development

by Fiinews
October 12, 2025
0
12

Smart Cities blend financing with local planning Minister of State for Environment, Forest and Climate Change, Kirti Vardhan Singh, has...

PIB
Projects

Project: MedTech gets Rs.5,000cr PRIP support

by Fiinews
October 12, 2025
0
11

Agrawal says medical device facilities expanding A soon-to-be launched Rs.5,000 crore Promotion of Research and Innovation in Pharma MedTech Sector...

AIBC

Project: India-Australia reposition defence ties

October 12, 2025
11
PIB

Project: 3 defence pact signed India-Australia

October 11, 2025
13
Praj Industries

Project: Praj decarbonises ethanol plant in Keyes

October 9, 2025
17
PIB

Project: Govt moves on carbon neutrality

October 9, 2025
15
SBI YONO
Sabit

POPULAR NEWS

  • Cristina Dnv

    Projects: Indian yards set to build green ships, says DNV expert

    0 shares
    Share 0 Tweet 0
  • Market: Indian-origin UGF scales heritage consumer brands globally

    0 shares
    Share 0 Tweet 0
  • Technologies: Royal Diamond sponsors aerspace Industries’ drones in UAE

    0 shares
    Share 0 Tweet 0
  • Investments: Foreign investors see India as long-term destination for fund placings

    0 shares
    Share 0 Tweet 0
  • Markets: Blue Dart maintains positive outlook on India

    0 shares
    Share 0 Tweet 0

Fiinews.com features through news articles on business opportunities in the Indian market for the benefits of foreigners. It is also a platform for international businesses to showcase through elaborate articles on their products & services to the Indian consumers and corporations exploiting industrialisation of the country.

7Clicks Media is a Singapore based Media & PR company offering over 100,000
impressions via our targeted communication strategy.

It is led by editor-in-chief Gurdip Singh who has worked over 45 years reporting on
Asian businesses.

Recent News

  • Market: BPCL-RMBL to boost CGD-CNG in India
  • Tech: Alliances commit to shape future of 6G
  • Project: India works on nature-positive development
  • Tech: PM meets Qualcomm-Anthropic CEOs
  • Project: MedTech gets Rs.5,000cr PRIP support

Pages

  • About US
  • ADVERTISE ON FIINEWS.COM
  • CONTACT US
  • EVENTS
  • FII-NEWS.COM PDF ARCHIVE
  • Home
  • News
  • PRIVACY POLICY

Subscribe to Newsletter

  • About
  • Advertise
  • Careers
  • Contact us

© 2024 FIINEWS - Design and developed by 7clicksmedia.

No Result
View All Result
  • Tenders
  • Projects
  • Markets
  • Manufacturing
  • Investment
  • Technology
  • Exports

© 2024 FIINEWS - Design and developed by 7clicksmedia.