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Kolkata Port Trust Awards FSRU Project to a Consortium of H-Energy Private Limited and Excelerate Energy

Thursday, 03 September 2015 | 10:00
The Kolkata Port Trust (KoPT), on 10th August, 2015, has sent the Letter of Award (LoA) to a Consortium of H-Energy Private Limited (HEPL) and Excelerate Energy (Excelerate), for setting up a 4.0 MMTPA Floating Storage and Regasification Unit (FSRU) in the offshore Digha region of West Bengal. “It was the culmination of a tendering process initiated by the Kolkata Port Trust in September, 2014,” said Mr. Darshan Hiranandani, CEO, HEPL.

HEPL and Excelerate will pioneer an offshore FSRU operation in India by setting up this facility, where the end-consumers and marketers will book the capacity to unload, store, regasify and transport LNG to an Onshore Receiving Facility (ORF) at Contai in Purba Medinipur — West Bengal, through a subsea pipeline.

Expressing satisfaction on the development, Mr. Darshan Hiranandani commented, “On behalf of HEPL and Excelerate, I would like to thank KoPT for reposing confidence in our Consortium. We believe that our Project has the requisite potential to act as a gateway for introducing an environmentally friendly and attractively priced source of energy i.e. natural gas to West Bengal, Odisha and Western Bangladesh.
Source: The Financial Express
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