Petronet LNG to invest Rs 400 billion to expand import infra

01 Sep 2022 CW Team

Petronet LNG will be investing Rs 400 billion over the next five years to expand import infrastructure and enter new markets in order to increase profitability to Rs 100 billion. According to the company's most recent annual report, Petronet, which operates two liquefied natural gas (LNG) import facilities in Dahej, Gujarat, and Kochi, Kerala, is looking to expand into the petrochemicals business.

For exponential growth and diversification, the company has devised a '1-5-10-40' strategy. With investments of Rs 400 billion, the company aims to achieve an annual turnover of Rs 1 trillion over the next five years and an annual profit after tax of Rs 100 billion.

Also read:
Centre to focus on fuel demand and refining capacity needs
BPCL to develop 2 new petrochemical facilities in Bina, Kochi

Infrastructure Transport

10 Jul 2026

Uttar Pradesh unveils infrastructure-led growth roadmap at RAHSTA

Mumbai, 9 July 2026: Uttar Pradesh’s ambitious infrastructure-led growth strategy took centre stage on Day 2 of the 16th RAHSTA Expo, where senior government officials outlined how expressways, industrial corridors and technology-driven governance are transforming the state into one of India's most attractive investment destinations.Delivering the keynote address, Srihari Pratap Shahi, IAS, Additional Chief Executive Officer, Uttar Pradesh Expressways Industrial Development Authority (UPEIDA), highlighted the state's long-term vision of integrating world-class expressways with industrial dev..

NCW closes PRIME Offices Fund at Rs 40 billion

Nuvama and Cushman & Wakefield Management (NCW) has announced the final close of its flagship PRIME Offices Fund at approximately Rs 40 billion, exceeding its original target of Rs 30 billion following strong investor demand.The fund was launched to provide Indian investors with access to institutional-grade commercial office assets across key office markets in the country. According to NCW, the increase in the fund size was supported by strong investor participation and the availability of investment opportunities in India's office sector.The fund has already committed around 45 per cent ..

Mayfair Housing adopts Autodesk Forma for digital project planning

Mayfair Housing has entered into a three-year strategic partnership with Autodesk to deploy Autodesk Forma, an AI-enabled cloud platform, as part of its digital transformation programme aimed at improving project planning and execution across its development and redevelopment portfolio.The platform will be integrated into the company's Building Information Modelling (BIM) workflow to support architects, planners and project teams during the early stages of design and development. Autodesk Forma combines real-world data, environmental simulations and collaborative workflows to facilitate data-d..