H-Energy, the energy arm of realty major Hiranandani Group, is looking to source around one million tpa of additional LNG cargo for its Jaigarh terminal in Maharashtra.
The company is planning to start operations in Q3 of 2019. It has sourced around one million tonne from three different suppliers including Petronas. The regasification term contracts will be effective from 1 January 2020.
The terminal will start with a capacity of 1.5 million tonne and will be ramped up to 2.5 million tpa in a year. The company intends to take its capacity to eight million tpa after Phase-II expansion at Jaigarh.