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GAIL India to invest $63 million in heating unit at Ratnagiri LNG terminal

SENSEX 72,956.73 -641.94 NIFTY 22,585.35 -164.40 CRUDEOIL 9,688.00 + 190.00 GOLD 143,554.00 -584.00 SILVER 195,200.00 -1,517.00 SENSEX 72,956.73 -641.94 NIFTY 22,585.35 -164.40 NIFTY 22,585.35 -164.40 CRUDEOIL 9,688.00 +…

GAIL India to invest $63 million in heating unit at Ratnagiri LNG terminal
SENSEX 72,956.73

 -641.94

NIFTY 22,585.35

 -164.40

CRUDEOIL 9,688.00

+ 190.00

GOLD 143,554.00

 -584.00

SILVER 195,200.00

 -1,517.00

SENSEX 72,956.73

 -641.94

NIFTY 22,585.35

 -164.40

NIFTY 22,585.35

 -164.40

CRUDEOIL 9,688.00

+ 190.00

CRUDEOIL 9,688.00

+ 190.00

GOLD 143,554.00

 -584.00

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The ‌facility, due to ‌be ⁠completed by June 2027, ⁠will enable the company to run the LNG terminal at its ​full capacity of ‌5 million tonnes per annum

By Reuters

Updated - October 28, 2026 at 11:40 AM.

GAIL India is investing 6 ​billion rupees ($63.1 million) to ‌build a heating unit at ​its Ratnagiri LNG ⁠terminal to help it gasify the super-chilled fuel, the company's ‌business development director told reporters on Wednesday.

* The ‌facility, due to ‌be ⁠completed by June 2027, ⁠will enable the company to run the LNG terminal at its ​full capacity of ‌5 million tons per annum, R. K. Singhal said at an industry event.

* ‌The facility is ​operating at about 50% capacity as the heating ⁠unit is not ready, Singhal said.

* The Ratnagiri ‌facility was generating heat through the waste of a power plant operated by another entity to gasify the fuel. That plant ‌is not functional now, he ​said.

* GAIL is also building a small ⁠size captive power plant to generate ⁠heat for the liquefied natural gas ‌facility, he added.

Published on October 28, 2026

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Source: The Hindu BusinessLine — Companies ↗

Figures reflect the source report and its stated period. This article is for information and is not investment advice.