Transforming Energy: FSRU Project at Haldia Dock Complex
Syama Prasad Mookerjee Port announced a collaboration with East Horizon Pvt Ltd to develop a Floating Storage and Regasification Unit at the Haldia Dock Complex. This Rs 260 crore project aims to bolster LNG infrastructure, promoting cleaner energy use and enhancing energy security in eastern India.
- Country:
- India
East Horizon Pvt Limited and Syama Prasad Mookerjee Port in Kolkata have signed a crucial agreement to establish a Floating Storage and Regasification Unit (FSRU) at the Haldia Dock Complex. Announced Sunday, this strategic initiative marks a Rs 260 crore investment aimed at advancing LNG infrastructure in eastern India.
The FSRU is designed to receive Liquefied Natural Gas from carriers, store it, and convert it back into natural gas for pipeline distribution. This project is intended to enhance clean energy infrastructure and support the country's ambitious goals for increasing natural gas usage.
Further technical details about the project remain undisclosed. However, SMPK emphasized that the facility would strengthen national energy security and facilitate the adoption of cleaner fuels, aligning with broader efforts to promote sustainable industrial growth in the region.
ALSO READ
-
Petrovietnam Gas receives LNG, LPG cargos from Australia, US
-
Sagar Adani calls for building robust domestic infrastructure to ensure energy security
-
REFILE-Sinopec refineries cut Q1 production, LNG import business incurs $121 mln loss
-
Sinopec refineries cut Q1 production, LNG import business incurs $121 mln loss
-
UPDATE 2-China prioritises energy security, tech edge as Iran war fallout spreads
Google News