Published On:November 8 2014
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Petronet to expand Dahej capacity further.
Petronet LNG Ltd. plans to expand the capacity of its liquid gas import terminal at Dahej in Gujarat further by 2.5 million tonne to 17.5 million tonne per annum, even as it posted its highest-ever quarterly profit on Friday.
'Main reason for the jump in net profit was higher volumes of imports and incresed trading margin on spot and short-term cargos at Dahej terminal,' company CEO Ashok Kumar Balyan said.
Net profit in the July-September quarter rose 44.5% to Rs. 262.81 crore from Rs. 181.75 crore in the previous corresponding period.
TOI