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Confidence-BW LPG JV to Build JNPT LPG Terminal
The collaboration aims to establish a state-of-the-art LPG terminal at JNPT, providing efficient storage and distribution capabilities. This investment signifies the commitment of Confidence Petroleum and BW LPG to contribute to the country's energy landscape and cater to the rising requirements of the LPG sector.
As Confidence Petroleum and BW LPG join forces, the development of the JNPT LPG terminal is expected to play a pivotal role in meeting the growing demand for LPG, ensuring a reliable and sustainable supply chain. The project is poised to strengthen India's energy infrastructure and support the transition towards cleaner fuel alternatives.
Confidence Petroleum Limited, in partnership with BW LPG, is set to embark on the construction of a Rs 6.50 billion LPG terminal at Jawaharlal Nehru Port Trust (JNPT). This joint venture reflects a strategic move to enhance LPG infrastructure, aligning with India's increasing demand for clean energy solutions. The collaboration aims to establish a state-of-the-art LPG terminal at JNPT, providing efficient storage and distribution capabilities. This investment signifies the commitment of Confidence Petroleum and BW LPG to contribute to the country's energy landscape and cater to the rising requirements of the LPG sector. As Confidence Petroleum and BW LPG join forces, the development of the JNPT LPG terminal is expected to play a pivotal role in meeting the growing demand for LPG, ensuring a reliable and sustainable supply chain. The project is poised to strengthen India's energy infrastructure and support the transition towards cleaner fuel alternatives.