Gujarat Government has given approval to the world's first CNG terminal at Bhavnagar port. According to release issued by State Information Department, the joint venture of United Kingdom-based Foresight Group and Mumbai-based Padmanabh Mafatlal Group, will invest 1,900 crore rupees to set up a CNG terminal at Bhavnagar port.<br />''<br />''Gujarat Chief Minister Vijay Rupani as a Chairman of Gujarat Infrastructure Development Board – GIDB- approved this proposal.<br />''<br />''AIR correspondent reports that the proposed CNG terminal will have annual capacity of 1.5 metric tonnes.<br />''<br />''Memorandum of Understanding between Gujarat Maritime Board and London-based Foresight Group was signed during the Vibrant Gujarat Summit earlier this year.<br />''<br />''At present, the Bhavnagar port is operated by Gujarat Maritime Board, which is handling three metric tones of cargo annually.&nbsp;<br />
News On AIR | November 11, 2019 2:29 PM
Gujarat Govt gives approval to world's first CNG terminal at Bhavnagar port