Hiranandani, Hyundai Plan LNG Terminal in Maharashtra

The Hiranandani Group is in talks with Korea-based Hyundai Engineering & Construction Co Ltd to build a liquefied natural gas (LNG) terminal at Dighi port in Maharashtra, Business Standard reported Wednesday.

If the talks materialise, this would mark Hyundai’s foray into the LNG terminal construction space in India.

The LNG terminal would be Maharashtra’s second after Dabhol. 

However, Hiranadanis plan to set up an LNG terminal in West Bengal is still at a preliminary stage.

With another terminal in five years, India will have five LNG terminals of 126 million standard cubic meters of gas per day. At present, it has two operational LNG terminals in Gujarat, Petronet LNG at Dahej and Shell Hazira at Hazira, with a total capacity of 13.7 million tonnes per annum or 48 mscmd.