Petronet LNG Limited is one of the fastest growing world-class Public Limited Company in the Indian energy sector. It has set up the country's first LNG receiving and regasification terminal at Dahej, Gujarat with present nominal capacity of 17.5 MMTPA and another terminal at Kochi, Kerala having a nominal capacity of 5 MMTPA. The company is also exploring suitable opportunities within and outside India to expand its business presence.
The Company had set up South East Asia's first LNG Receiving and Regasification Terminal with an original nameplate capacity of 5 MMTPA at Dahej, Gujarat. The infrastructure was developed in the shortest possible time and at a benchmark cost. The capacity of the terminal has been expanded in phases which is currently 17.5 MMTPA and the same is under expansion to 22.5 MMTPA in two phases. The terminal has 6 LNG storage tanks and other vaporization facilities. The terminal is meeting around 40% of the total gas demand of the country
- Highest ever quantity of LNG processed in Qr II, 2017-18, at 220 TBTU
- Highest ever Profit Before Tax (PBT) in Qr II, 2017-18, at Rs 850 Cr
- Highest ever Profit After Tax (PAT) in Qr II, 2017-18, at Rs 589 Cr
During the quarter ended 30th September, 2017 (current quarter), PLL processed highest ever combined throughput in a quarter at 220 TBTU.
The Dahej terminal processed highest ever quantity of 210 TBTU of LNG and had operated at around 110% of its name plate capacity. The Dahej Terminal witnessed increase in hroughput over the previous quarter by 14% (Q1 17-18 at 184 TBTU) and increase in throughput over the corresponding quarter by 14% (Q2 16-17 at 185 TBTU) respectively. The Kochi Terminal processed highest ever quantity of 10 TBTU of LNG.
The Company has reported highest ever Profit Before Tax (PBT) in a quarter, of Rs 850 Crore, witnessing a growth of 28% over the previous quarter (Q1 17-18 at Rs 666 Cr), and a growth of 26% over the corresponding quarter (Q2 2016-17 at Rs 677 Cr) respectively.
The Company has reported highest ever Profit After Tax (PAT) in a quarter, of Rs 589 Crore, which registered a growth of 35% over the previous quarter (Q1 17-18 at 438 Cr), and a growth of 28% over the corresponding quarter (Q2 16-17 at Rs 460 Cr).
The growth in both PBT and PAT is due to higher volumes processed because of the increase in the Regasification capacity, post expansion of the Dahej Terminal and better efficiency achieved in the operations.
