Hiranandani In Race to Build Bangladesh's First LNG Terminal

Indian construction major Hiranandani Group is in a race to build Bangladesh’s first liquefied natural gas (LNG) terminal in Moheshkhali Island in the Bay of Bengal.

“We were informed a few months before that we had been shortlisted to build the terminal,” Darshan Hiranandani, director of Hindustan Electricity Generation, a Hiranandani Group firm told Business Standard while confirming the news.

According to the annual report of Bangladesh’s state-run energy company Petrobangla, the proposed floating LNG storage and regasification unit will have a regassification capacity of 500 million cubic feet a day (mcfd), the financial daily said.

The group is already setting up an 8-mt LNG terminal at the Dighi port in Maharashtra for captive use for its coming power plants and to cater to consumers in the power and fertiliser industry, the newspaper added.