IndianOil secures clearance for ₹3,400 crore LNG terminal expansion
pre-market1 source ↓written by the desknot a recommendation
- expansion
- ₹3,400 crore
- terminal's capacity
- 5 MMTPA to 10 MMTPA
IndianOil LNG has received environmental clearance for the ₹3,400 crore expansion of its Ennore LNG Terminal in Tamil Nadu. The project will double the terminal's capacity from 5 MMTPA to 10 MMTPA, enhancing LNG import and storage capabilities to meet rising demand in southern India. This expansion is pivotal for India's transition to a cleaner energy landscape. ⚡
Not investment advice. For informational purposes only.