CapEx News
Project News,Updates,Bids & Tenders for Consultants,EPC Contactors,Industrial Suppliers & Service Providers
Hindustan Petroleum Corp (HPCL) is seeking a liquefied natural gas (LNG) cargo to commission its new import terminal in December or January, and is in talks with between eight and nine companies for long-term supply, three sources said.
HPCL has built a 5 million metric ton per year (tpy) LNG import terminal at Chhara in western India, the country’s sixth, as New Delhi seeks to boost the use of the cleaner fuel. The company’s previous attempts to commission the plant in April failed due to the bad weather.
The company wants to use the three-month fair weather window that begins in November to commission the LNG terminal, two sources said.
The terminal and related infrastructure, including pipeline connectivity for LNG sale, are completed, the sources said, adding the plan is to commission the terminal in December-January.
State-run HPCL received “a good response” to its expression of interest seeking LNG supplies for 15 years, one of the sources said. It is seeking one LNG cargo per month beginning from late 2026 or early 2027, priced on a Brent-linked basis.
Based on the response, the company shortlisted more than 20 potential suppliers and floated a limited tender for them, the first source said, adding HPCL has received offers from seven to eight players.
Recent News
◉ SWELECT Energy secures over 150 MW of solar module - Mar 13,2025◉ RVNL emerges as lowest bidder for Rs 554.64 crore road contract - Mar 13,2025
◉ MoU inked for developing Multi-Modal Logistics Park in Varanasi - Mar 13,2025
◉ Danfoss India to invest Rs 1,200 crore by 2028 - Mar 13,2025
◉ SJVN to develop Rs 9,500 crore pumped storage project - Mar 13,2025
◉ JNPA signs concession agreement for Rs 285-crore agri-processing facility - Mar 13,2025
◉ Montra Electric opens e-SCV manufacturing plant in Chennai - Mar 13,2025