Petronet LNG gets nod for additional investment for setting up of land-based R-LNG Terminal at Gopalpur Port
The Board of Directors of the Company, in its meeting held on July 25, 2025, inter-alia, accorded in-principle additional investment approval for the same
Petronet LNG has received in-principle additional investment approval for setting up of a 5 MMTPA land-based LNG Terminal at Gopalpur from earlier approval of 4 MMTPA Floating Storage and Regasification Unit (FSRU) based LNG terminal for an incremental project cost Rs 4,048.80 crore (including taxes and duties). The overall approved value of the project is 6,354.80 crore (including taxes and duties). The Board of Directors of the Company, in its meeting held on July 25, 2025, inter-alia, accorded in-principle additional investment approval for the same.
Petronet LNG is one of the leading players in oil and natural gas industry space. The company's promoters are GAIL (India), Oil & Natural Gas Corporation (ONGC), Indian Oil Corporation (IOCL) and Bharat Petroleum Corporation (BPCL).
