H-Energy launches India's first floating LNG terminal

By Sophie Chapman
The Hiranandani Group subsidiary, H-Energy, has launched India’s first floating liquefied natural gas (LNG) terminal.

The Hiranandani Group subsidiary, H-Energy, has launched India’s first floating liquefied natural gas (LNG) terminal.

The terminal, located at Jaigarh Port, in the Ratnagiri district of Maharashtra, was inaugurated by Chief Minister of the region, Devendra Fadnavis.

The 4mn tonne capacity floating storage and regasification unit (FSRU) has been valued at Rs1,663crore (US$249mn).

The port in which the terminal is situated is owned and operated by JSW Infrastructure, the maritime subsidiary of JSW Group.

The FSRU will convert LNG back to gas and “will be capable of reloading LNG into other vessels,” H-Energy explained.

SEE ALSO:

From Jaigarh, the energy company aims to develop a 635km pipeline, reaching Mangalore, to explore new gas markets.

“Inaugurating the first FSRU project and Jetty infrastructure is a key milestone towards completion of this LNG terminal project,” stated Darshan Hiranandani, CEO and Managing Director of H-Energy.

“The FSRU-led approach will usher a sectoral change in terms of reducing the time taken for commissioning such re-gasification projects.”

“This project enables H-Energy to become a large scale provider of natural gas to India, a much desired green fuel.”

“JSW’s collaboration with H-Energy and the launch of India’s first FSRU-based LNG Terminal reiterates our commitment to enable development of state-of-the-art maritime infrastructure facilities in India,” remarked Capt BVJK Sharma, Joint Managing Director and CEO of JSW Infrastructure.

Share

Featured Articles

Inaugural trans-Atlantic flight highlights SAF importance

Virgin Atlantic’s first 100% SAF-powered flight from London to New York leads the way towards greener aviation fuels for long-haul journeys

IBM collaboration to boost fuel cell performance using GenAI

FuelCell Energy’s performance is set to be enhanced by Foundation Models, a form of GenAI developed by IBM, in support of transition to renewable energy

Schneider Electric exec shuffle boosts energy digitalisation

Number one sustainable company, as voted by Sustainability Magazine, Schneider Electric appointed leaders to manage the digitalisation of energy solutions

ManpowerGroup initiative aligns talent with renewable energy

Renewable Energy

Rolls-Royce develops SMRs for a low-carbon energy future

Sustainability

Chevron’s hydrogen investment and green energy endeavours

Renewable Energy