Maharatna PSU HPCL (Hindustan Petroleum Corporation Limited) is expected to commission its Chhara Liquefied Natural Gas (LNG) terminal by November or December 2024. HPCL’s Chairman and Managing Director (CMD), Mr. Pushp Kumar Joshi, said, “Second major project would be that we would be commissioning our LNG regasification and storage terminal at Chhara, that is in Saurashtra in Gujarat, that would be completed.“
CMD Joshi further stated, “As regards the total gas requirement, the captive use of refineries of HPCL as well as the group company is around 1.5 million metric tons (MMT). And we will also be booking capacity. We have already got a lot of interest from parties who are willing to book capacities in the same, but we are just waiting for the commissioning of the facility to be done and then we will be signing the agreement for the gas fixation. As fas as the sourcing strategy is concerned, we are already in the market tying up long-term gas from international players.“
Apart from the Chhara LNG terminal, the PSU is also looking to commission a bunch of other projects before the end of the calendar year. These projects include the Barmer refinery in Rajasthan, LPG cavern and the 2G ethanol plant in Bhatinda, Punjab.
