Petronet LNG Signs Key Deals With ONGC And MGL

29 Jan 2026 CW Team

Petronet LNG Limited (PLL) has executed two major agreements to strengthen India’s natural gas supply chain, including a five-year Master Regasification Agreement with Oil and Natural Gas Corporation (ONGC) and a one-year Master Agreement with Mahanagar Gas Limited (MGL) for the sale of regasified liquefied natural gas (RLNG).

Under the five-year agreement with ONGC, PLL will provide receipt, storage and regasification services for LNG at its Dahej terminal in Gujarat. The agreement, which includes a provision for extension by mutual consent, will enable ONGC to import LNG and market RLNG to downstream consumers, complementing domestic gas production amid rising demand across sectors.

The agreement was signed on 27 January 2026 during India Energy Week 2026 in Goa in the presence of senior executives from PLL and ONGC. ONGC, a promoter and related party of PLL, has board representation in the company, while PLL clarified that the transaction has been executed on an arm’s-length basis.

PLL also signed a one-year Master Agreement with Mahanagar Gas Limited, effective 27 January 2026, under which it will procure LNG cargoes and supply RLNG to MGL. The agreement includes a provision for extension by mutual consent.

The arrangement provides operational and supply flexibility to MGL by allowing it to optimise gas sourcing based on international spot prices. For PLL, the agreement supports optimal utilisation of its regasification infrastructure while expanding integrated LNG sourcing services for city gas distribution companies.

The MGL agreement was also signed during India Energy Week 2026 in Goa in the presence of senior executives from both companies. MGL is a related party of PLL through promoter group links, and the transaction has been conducted on an arm’s-length basis.

Infrastructure Urban

05 Mar 2026

Hafele Begins Local Manufacturing in Maharashtra

Hafele recently commenced operations at a new local production facility in Maharashtra, marking a significant step in the company’s long-term localisation strategy and reinforcing its commitment to the Government of India’s ‘Make in India’ initiative. The development is aimed at building a future-ready manufacturing ecosystem in the country while enabling local value creation and scalable operations.The India production initiative builds on Hafele’s established global manufacturing and supply chain network, which includes production facilities across Europe. By expanding manufacturin..

Jyoti Structures Commissions 400 kV Line in Karnataka

Jyoti Structures Limited (JSL), an engineering, procurement and construction company specialising in power transmission infrastructure, recently announced the commissioning of the 400 kV Gadag–II Transmission Line project for ReNew Power in Karnataka.The project comprises 100 circuit kilometres (CKM) of twin HTLS transmission lines connecting Gadag Power Station and Koppal Power Station. The line passes through the districts of Gadag and Koppal, where the project team addressed challenging terrain, right-of-way constraints and difficult soil conditions, including stretches of black cotton so..

Lingong Group Debuts Electric Equipment at CONEXPO 2026

Lingong Group recently presented its latest electric and intelligent equipment at CONEXPO-CON/AGG 2026, marking the company’s global debut as a consolidated brand. The event, held from March 3–7 at the Las Vegas Convention Center, featured core subsidiaries Shandong Lingong Construction Machinery (SDLG) and Lingong Heavy Machinery (LGMG), along with multiple product launches and the introduction of LGMG’s global service brand, LGMG ProCare.At the exhibition, Lingong Group showcased new product lines across loaders, aerial work platforms and industrial vehicles. Several models incorporate..