Petregaz India commissions its LPG import and storage terminal – Occasions of India

CHENNAI: Petregaz Indiaa subsidiary of Petredec Group has commissioned its new state-of-the-art LPG import and Storage Terminal that has been arrange at an outlay of Rs 600 crore, the corporate mentioned on Saturday. The brand new facility positioned throughout the Adani Krishnapatnam Personal Port at Krishnapatnam in neighboring Andhra Pradesh would profit personal entrepreneurs in addition to residential, industrial, industrial, and automotive shoppers.
The newly commissioned facility, with an funding of Rs 600 crore, allows Petregaz to ship cost-effective, and reliable options to LPG entrepreneurs, the corporate mentioned in a press release.
With an annual capability of over 1.5 million metric tonnes, the power has wonderful highway connectivity to the hinterland of Tamil Nadu, Telangana, Karnataka, and Andhra Pradesh.
The terminal additionally has two refrigerated storage tanks, a contemporary jetty with no congestion and able to berthing all kinds of LPG vessels, 16 truck loading bays amongst others.
“Authorities-run oil corporations can make the most of our terminal’s capability to enhance LPG provides within the hinterland, optimizing logistics and strengthening India’s LPG panorama,” mentioned Petregaz India CEO Susheel Raina.
This new facility would profit personal entrepreneurs and bottlers by enhancing entry to LPG infrastructure, Raina mentioned.
Petredec Group is an built-in LPG firm that owns and operates a contemporary fleet of 35 LPG carriers. It has a presence within the LPG downstream sector with three LPG import terminals within the Indian Ocean, the assertion added.