Petregaz India Opens Rs.6 Bn LPG Terminal

22 Apr 2024 CW Team

Petregaz India has successfully commissioned its new LPG import and storage terminal, representing a significant milestone in the company's expansion efforts. With an investment of Rs.6 billion, the state-of-the-art facility is poised to bolster Petregaz's presence in the LPG market and meet the growing demand for clean energy solutions.

Located strategically, the terminal is equipped with advanced storage and handling infrastructure to ensure efficient import and distribution of LPG. Its capacity and capabilities position Petregaz India to cater to the needs of diverse customer segments, including households, commercial establishments, and industrial consumers.

The inauguration of the LPG terminal underscores Petregaz India's commitment to enhancing energy accessibility and promoting sustainability across the country. By investing in modern infrastructure and adopting best practices in operations, the company aims to contribute to India's energy security goals and support the transition towards cleaner fuels.

Furthermore, the commissioning of the terminal is expected to generate employment opportunities and stimulate economic growth in the region. Through collaboration with local communities and stakeholders, Petregaz India seeks to create shared value and foster mutually beneficial relationships.

Overall, the opening of the ?6 billion LPG terminal marks a significant achievement for Petregaz India and reinforces its position as a leading player in the energy sector. As the demand for LPG continues to rise, the company remains committed to delivering reliable and sustainable solutions that empower communities and drive progress.

Infrastructure Urban

06 Jul 2026

ABS Marine Sees CRISIL Credit Rating Upgrade

ABS Marine Services has secured an upgrade to its long term and short term credit ratings from CRISIL, reflecting improved profitability and revenue growth through long term contracts. CRISIL moved the long term rating from BBB+/Stable to A-/Stable and revised the short term rating from A2 to A2+. The action signals strengthened financial metrics and operational resilience. The company benefited from durable client relationships with firms such as ONGC and Schlumberger. The rating decision followed stronger cash flows and an enlarged bank loan facility, which increased from Rs 3,705 million (m..

Project BRAHMANK Marks 16 Years Of Strategic Roads In Arunachal

Project BRAHMANK is marking 16 years of work to establish strategic road and bridge links across Arunachal Pradesh, maintaining and developing 811 kilometres of roads and nearly 86 bridges that range from small culverts to large steel and arch bridges. These transport links are described as critical for ensuring year-round movement of defence personnel, equipment and essential supplies while improving everyday travel for people in remote villages. The project balances national security requirements with regional development by focusing on reliable access in challenging terrain. Notable enginee..

Longleng CSOs Give One Week Ultimatum Over Two-Lane Highway

Civil society organisations (CSOs) in Longleng district have demanded immediate restoration of the deteriorating Changtongya–Longleng two-lane road and sought a detailed status report on the stalled construction within one week. The demand followed a consultative meeting convened under the Phom Peoples' Council (PPC) to discuss welfare and development concerns. PPC president YB Angam Phom said prolonged non-maintenance had caused hardship to commuters and affected transportation, local commerce and the district's development. The meeting urged authorities to undertake immediate restoration a..