Petregaz India Opens Rs.6 Bn LPG Terminal
ECONOMY & POLICY

Petregaz India Opens Rs.6 Bn LPG Terminal

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.

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.

Next Story
Infrastructure Urban

Daikin Boosts Haryana’s Innovation Push with Rs 10 billion R&D Plan

Japanese multinational Daikin Industries has committed an investment of Rs 10 billion to set up a new research and development centre in Haryana. The proposed facility will focus on advanced technologies and sustainable industrial solutions, marking a significant boost to the state’s innovation and industrial ecosystem. The announcement follows the signing of a Memorandum of Understanding (MoU) in Osaka, Japan, during a visit by a Haryana government delegation held from October 6 to 8. The MoU was signed by Amit Kumar Agrawal, Commissioner and Secretary, Industries and Commerce Department, ..

Next Story
Building Material

Lloyds Metals to Build Rs 250 billion Steel Plant in Gadchiroli

Lloyds Metals & Energy Limited (LMEL) has announced an investment of Rs 250 billion aimed at transforming Gadchiroli in Maharashtra from a region once associated with the red corridor into a key industrial and growth hub. The company’s plans are centred on establishing an integrated steel production ecosystem, which will contribute significantly to regional development and employment. As part of its expansion strategy, LMEL is setting up a 4.5-million-tonne blast furnace in Gadchiroli, scheduled for completion by 2027–28, along with another 1.2-million-tonne facility in Chandrapur by 2029..

Next Story
Infrastructure Urban

UPI Crosses 500 Million Users, Fuels MSME and Digital Growth

The Unified Payments Interface (UPI) has achieved a new milestone, surpassing 500 million consumers and 65 million merchants across India. The platform, developed by the National Payments Corporation of India (NPCI), has expanded its reach to nearly 99 percent of the country’s pin codes, underlining its deep penetration into both urban and rural markets. According to a report by NPCI and the Boston Consulting Group (BCG) launched during the Global Fintech Fest 2025, UPI has evolved from being a digital payments mechanism into a key enabler of financial inclusion and small business growth. I..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?