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Search Keyword: DLTPL

Finance Update
  Oct 01, 2016

Indian Oil, GAIL ink MoU for equity stake in Dhamra LNG terminal

Indian Oil Corporation Limited and GAIL (India) Limited signed an MoU with Dhamra LNG Terminal Private Limited (DLTPL) for equity in the 5 MMTPA capacity LNG receiving, storage and re-gasification terminal being set up at Dhamra Port, Odisha.

Web Exclusive
  Sep 24, 2016

Indian Oil, GAIL sign MoU for equity stake in Dhamra LNG terminal

Indian Oil Corporation Limited and GAIL (India) Limited have signed an MoU with Dhamra LNG Terminal Private Limited (DLTPL) for taking equity in the 5 MMTPA capacity LNG receiving, storage and re-gasification terminal being set up at Dhamra Port, Odisha. The agreement was signed in New Delhi in the presence of Minister of State for Petroleum and Natural Gas Dharmendra Pradhan.

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Agree. Developing a domestic transshipment port is a good idea if we talk about seaports, there are several countries and commercial centers around the world that don’t have a seaport and these countries have to use the seaports of other countries in order to import or export their cargo, which will give a competitive advantage.
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Adhering to international best business practices with niche boutique firms could open doors to easily tap financing from institutional investors both debt and equity.
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