Ahmedabad, 7 March 2013

Mumbai based infrastructure major Shapoorji Pallonji and state-owned Hindustan Petroleum Corp Ltd (HPCL) plan to set up a Rs. 5,000 crore liquefied natural gas import and regasification terminal of 5 million tonnes per annum capacity at Chhara in Gujarat’s Junagadh district for the import of liquified natural gas (LNG) through a 50:50 joint venture. As per a news report SP Ports is already developing a greenfield, all weather, direct berthing port in Junagadh district and detailed feasibility study is on to check technical and commercial viability of LNG terminal. The port is connected to a gas pipeline grid and evacuation of the fuel is not an issue.