H-Energy Kakinada LNG Terminal
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H-Energy Kakinada LNG Terminal is a proposed floating storage unit with onshore regasification in Kakinada port, Andhra Pradesh, India.
Location
The FSRU was proposed to be moored in Kakinada port, Andhra Pradesh, India.
Project Details
- Owner: East Coast Concessions Private Limited[1]
- Parent: H-Energy (owned by Hiranandani Group)[1][2]
- Location: Kakinada Port, Andhra Pradesh, India
- Coordinates: 16.975, 82.279 (approximate)
- Capacity: 4 mtpa, 0.57 bcfd
- Status: Construction[3]
- Type: Import
- Cost: ₹1,600 crore[4]
- Start Year: 2026[3]
- 2024[1]
Note: mtpa = million tonnes per year; bcfd = billion cubic feet per day
Background
In September 2019 H-Energy reached an agreement with the Port of Kakinada to build the FSRU.[5]
In July 2021, the Andhra Pradesh government granted permission to the State’s maritime board to issue a comfort letter (assuring the financial soundness of the recipient) to East Coast Concessions for building the ₹1,600 crore import terminal.[4]
As of July 2023, the terminal was still expected to be commissioned by mid-2024.[6]
As of June 2024, the terminal was still expected to be commissioned by mid-2024, according to the company website.[1] However, the 2024 IGU report, released the same month, says that the project is under construction and expected to be completed in 2026.[3]
Articles and resources
References
- ↑ 1.0 1.1 1.2 1.3 Kakinada LNG Terminal. H-Energy. Accessed June 2022.
- ↑ www.ETEnergyworld.com. "H-Energy, Kakinada Seaports sign agreement to develop LNG infra - ET EnergyWorld". ETEnergyworld.com. Retrieved 2022-06-15.
- ↑ 3.0 3.1 3.2 IGU. 2024 World LNG Report. June 2024.
- ↑ 4.0 4.1 Manoj, P. (2021-07-21). "AP Maritime Board to issue comfort letter to H-Energy for Kakinada LNG terminal". www.thehindubusinessline.com. Retrieved 2022-06-15.
- ↑ India’s H-Energy to build LNG regas terminal, Kallanish Energy, Sep. 13, 2019
- ↑ GIIGNL. The LNG Industry: GIIGNL Annual Report 2023. July 14, 2023.