Key Points
BENGALURU, July 10 (Reuters) - India's Hindustan Petroleum Corp Ltd (HPCL.NS) has received six or seven bids from industries to lease a part of its Chhara liquefied natural gas (LNG) import terminal on the west coast, the LNG unit's chief executive said on Monday.. HPCL aims to commission the terminal, with a planned capacity of 5 million metric tons per year (tpy) in the December quarter, K Sreenivasa Rao told reporters at an event...
"We have received six or seven bids, and in the next three months, we should be able to decide on the award," Rao said.. HPCL was looking to lease capacity of 3 million tpy to other companies for a period of more than 10 years, he added...
The terminal was completed in March, but its commissioning has been delayed as a 40-km (25-mile) pipeline link to an existing network meant for sales to consumers is not yet ready, Rao said...
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