Thursday, May 2 2024 | Time 17:16 Hrs(IST)
image
Business EconomyPosted at: Apr 12 2024 2:40PM


AP: Petregaz India inaugurates Rs 600 cr refrigerated LPG Terminal at Krishnapatnam

Nellore (Andhra Pradesh), Apr 12 (UNI) Petregaz India, a subsidiary of Petredec Group, on Friday announced the inauguration of its new LPG Import and Storage Terminal at Krishnapatnam, about 25 kms from here.
The newly commissioned facility, with an investment of INR 600 crores, enables LPG marketers to deliver cost-effective, and dependable solutions to residential, commercial, industrial, and automotive customers, the company said in a statement here.
The terminal is located within the Adani Krishnapatnam Private Port at Krishnapatnam, 25 km from Nellore.
Petregaz India CEO Susheel Raina said, “Government-run oil companies can utilize our Terminal's capacity to improve LPG supplies in the hinterland, optimizing logistics and strengthening India's LPG landscape. This new facility will also benefit private marketers and bottlers by improving access to LPG in an area of the country historically underdeveloped in terms of LPG infrastructure.”
With the launch of the new terminal, we look forward to working with a host of new customers and partners, large and small, and supporting India’s energy transition away from heavier, higher polluting hydrocarbons to cleaner burning, affordable, and accessible LPG, he added.
Petredec is an integrated LPG company that trades, transports, and distributes LPG around the world.
Petredec owns and operates a large and modern fleet of 35 LPG carriers, mainly VLGCs. Petredec has a growing presence in the LPG downstream sector, with three LPG import terminals in the Indian Ocean.
UNI KNR ARN SY
Please log in to get detailed story.
Tags: #AP: Petregaz India inaugurates Rs 600 cr refrigerated LPG Terminal at Krishnapatnam
More News

CII’s IGBC Green Property Show in Hyderabad from May 17

02 May 2024 | 3:53 PM

Hyderabad, May 2 (UNI) IGBC (Indian Green Building Council) is all set to host its second edition of IGBC Green Property Show at HITEX Exhibition Centre, here from May 17 to 19.

see more..

Kia India partner with Map My India to offer high-tech smart navigation to its customers

02 May 2024 | 3:23 PM

Hyderabad, May 2 (UNI) Kia, India’s leading premium mobility solutions provider, on Thursday announced its collaboration with Map My India for offering high-tech, smart navigation solutions to Kia customers nationwide.

see more..

AVEVA opens Customer Experience Center in Hyderabad

02 May 2024 | 3:03 PM

Hyderabad, May 2 (UNI) Headquartered in Cambridge (UK), AVEVA, a global leader in industrial software, driving digital transformation and sustainability, on Thursday announced the opening of a state-of-the-art Customer Experience Center in Hyderabad as part of its commitment to India’s growth.

see more..

Kia collaborates with Map My India to offer high-tech solutions

02 May 2024 | 2:47 PM

Hyderabad, May 2 (UNI) Kia, India’s leading premium mobility solutions provider, on Thursday announced its collaboration with Map My India for offering high-tech, smart navigation solutions to Kia customers nationwide.

see more..
Sensex bounces back over 200 points

Sensex bounces back over 200 points

02 May 2024 | 2:02 PM

Mumbai, May 2 (UNI) The BSE Sensex on Thursday bounced back 243 points to 74,740.67 in the opening session on the strength of utilities, energy, and FMCG stocks.

see more..
image