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Petronet LNG Limited is one of the quickest developing elite Public Limited Company in the Indian energy area. It has set up the nation’s first LNG getting and regasification terminal at Dahej, Gujarat with present ostensible limit of 17.5 MMTPA and one more terminal at Kochi, Kerala having an ostensible limit of 5 MMTPA. The organization is additionally investigating reasonable open doors inside and outside India to grow its business presence.
Petronet LNG Limited (PLL) shaped on April 2, 1998 as Joint Venture Company (JVC) having half shareholding of driving 4 Oil and Gas PSUs by GOI request dated July 4, 1997
An Independent Board oversaw JVC made for improvement of offices for the import, stockpiling and regasification of Liquefied Natural Gas.
With value investment from four Oil and Gas Maharatanas viz. Oil and Natural Gas Corporation (ONGC), Indian Oil Corporation Limited (IOCL), GAIL (India) Limited (GAIL) and Bharat Petroleum Corporation Limited (BPCL).
Investment of Public Sector to the degree of half, balance half value is being held by Public, Strategic accomplices and Financial Institutes.
Approved Capital Rs. 3000 Crore.
Settled up capital Rs.1500 Crore.
Petroleum gas comprises predominantly of Methane and limited quantities of ethane, propane and butane. It is shipped through pipelines however is incredibly massive. A high-pressure gas pipeline can ship in a day just around one-fifth of the energy that can be moved through an oil pipeline.
The Company had set up South East Asia’s first LNG Receiving and Regasification Terminal with a unique nameplate limit of 5 MMTPA at Dahej, Gujarat. The framework was created in the most limited conceivable time and at a benchmark cost. The limit of the terminal has been extended in stages which is at present 15 MMTPA and the equivalent is under extension to 17.5 MMTPA. The terminal has 6 LNG stockpiling tanks and other vaporization offices. The terminal is meeting around 40% of the absolute gas interest of the nation.
Petronet LNG Ltd. as a mindful Corporate Citizen, attempts Socio-Economic Development Projects/Programs to enhance the endeavors of the nearby establishments/NGOs/neighborhood Government/actualizing offices in the field of Education, Healthcare, Community Development, Entrepreneurship and so on to address need issues of the minimized and underserved networks with the plan to make them independent. These endeavors are being attempted ideally in the neighborhood territories around our work places/venture destinations.
The CSR exercises would be embraced by the Company, as ventures or projects or exercises, barring exercises attempted in compatibility of its ordinary course of business.
The CSR exercises would be attempted by the Company, through an enrolled trust, society, NGO or Company or its holding or auxiliary or partner organization of such other or in any case enlisted under Sec 8 of the Act gave that :
(I) Such trust, society, NGO or Company under Sec 8 will have a set up history of three years in attempted comparative projects or activities;
Petronet is focused on its Corporate Social Responsibility through CSR activities using its assets and aptitude to give social, financial, social, ecological advantages and so on to the networks.
The CSR Projects/Programs related exercises to be attempted by the Company are determined in Schedule VII of the Companies Act 2013, and alterations thereof. At present these exercises are as per the following:
Killing appetite, destitution and hunger, advancing preventive medical services and sterilization including commitment to the Swach Bharath Kosh set up by the Central Government for the advancement of disinfection and making accessible safe drinking water;
Advancing instruction, including custom curriculum and work improving occupation abilities particularly among kids, ladies, old, and the distinctively abled and vocation upgrade ventures;
Advancing sexual orientation correspondence, engaging ladies, setting up homes and inns for ladies and vagrants; setting up mature age homes, day care focuses and such different offices for senior residents and measures for diminishing disparities looked by socially and financially in reverse gatherings.
Guaranteeing natural manageability, biological equalization, assurance of widely varied vegetation, creature government assistance, agroforestry, preservation of regular assets and keeping up nature of soil, air and water including commitment to the Clean Ganga Fund set up by the Central Government for revival of stream Ganga.
Security of public legacy, craftsmanship and culture including reclamation of structures and locales of chronicled significance and show-stoppers; setting up open libraries; advancement and improvement of conventional expressions and painstaking work;
Measures to serve military veterans, war widows and their wards;
Preparing to advance country sports, broadly perceived games, paralympic sports and Olympic games;
Commitment to the PM’s National Relief Fund or some other asset set up by the Central Government for financial turn of events and help and government assistance of the Scheduled Caste, the Scheduled Tribes, other in reverse classes, minorities and ladies;
Commitments or assets gave to innovation hatcheries situated inside scholarly establishments which are endorsed by the Central Government;
Country advancement ventures.
Ghetto zone improvement
Some other tasks/programs according to revisions made in Schedule VII now and again.